Authorities on Risk Assurance

The Shared Assessments Blog

Viewing Category: Risk Management

Building Your TPRM Program – Part 1: Four Foundational Steps to Build Your Third Party Risk Management Program On

Published on February 3, 2017 By | Posted in: Best Practices, Business Resiliency, Certified Third Party Risk Professional (CTPRP) program, Education, Framework, Outsourcing, Risk Management, Vendor Risk Managment

Build Your Third Party Risk Management Program

Building Your TPRM Program

Published on January 25, 2017 By | Posted in: Best Practices, Business Resiliency, Education, Outsourcing, Risk Management, Third Party Risk Management, Vendor Risk Managment

PwC’s report highlighting monitoring of vendor networks by means of supply chain risk analytics focuses on the fact that the volume and transactions of outsourcing amplify risk. “The increasing severity of consequences for regulatory violations by vendors in complex global supply chains is matched only by the corresponding damage to reputation when vendor network violations […]

Strengthening Third Party Risk Management with Agnostic Program Tools

Published on December 14, 2016 By | Posted in: Agreed Upon Procedures (AUP), Blog, Newsletter, Press Release, Program Tools, Risk Assessment, Risk Management, Shared Assessments, Standardized Information Gathering (SIG), Third Party Risk, Third Party Risk Management, Tone at the Top, Vendor Risk, Vendor Risk Management Maturity Model (VRMMM), Vendor Risk Managment, Vendor Security

Third party mishaps resulting in breaches and other newsworthy events continue to drive home the need for improved risk management program capabilities in all verticals. From planning for engagement, through due diligence and vendor selection, contract negotiations, ongoing and continuous monitoring and through termination, the Program Tools helps organizations effectively manage the critical components of […]

Updated for 2017: Tools Specifically Designed to Manage Third Party Risk

Published on November 29, 2016 By | Posted in: Agreed Upon Procedures (AUP), News, Press Release, Program Tools, Risk Assessment, Risk Management, Shared Assessments, Standardized Information Gathering (SIG), Third Party Risk, Third Party Risk Management, Vendor Risk, Vendor Risk Management Maturity Model (VRMMM), Vendor Risk Managment, Vendor Security

PRESS RELEASE Contact: Marya Roddis Vice President of Communications marya@santa-fe-group.com  505-466-6434 Updated for 2017: Tools Specifically Designed to Manage Third Party Risk Shared Assessments Program Tools Empower Risk Management Confidence Santa Fe, NM — November 29, 2016 — The Shared Assessments Program, the member-driven trusted source in third party risk assurance, announces the release of […]

Demonstrating the Increased Maturity of Third Party Risk Management Programs – 2016 Benchmark Study

Published on November 29, 2016 By | Posted in: Benchmark Study, Benchmark Study, Blog, Board's, Newsletter, Risk Management, Shared Assessments, Third Party Risk, Third Party Risk Management

The Shared Assessments Program and Protiviti, Inc., a Shared Assessments member organization, have completed the 2016 Vendor Risk Management Benchmark Study, the third annual study in this series. This year’s study shows, for the first time, that companies appear to have reached a positive turning point with regard to managing third party risks. Data from […]

Casting the Net for Third Party Risk

Published on July 26, 2016 By | Posted in: Agreed Upon Procedures (AUP), Blog, Program Tools, Regulatory Compliance, Risk Management, Shared Assessments, Third Party Risk, Third Party Risk Management

The summer of 2016 has been one of media challenges, and breaking records for heat waves across many states. Slow moving boats, relaxing fishing in normal idyllic mid-summer breaks have been swept aside by a flurry of activity within the sea of third party risk. This past week in Boston, the Shared Assessments Program Steering […]

OCC Statement Release

Published on July 15, 2016 By | Posted in: Blog, OCC, Risk, Risk Management

The Office of the Comptroller of the Currency’s Office of Enterprise Risk Management released its statement this week on its National Risk Committee’s Semiannual Risk Perspective for Spring 2016. The report examines risks facing national banks and federal savings associations and highlights the fact that strategic, credit, operational, and compliance risks remain top concerns. The […]

Wrestling with Vendor & Incident Response Management

Published on May 18, 2016 By | Posted in: Blog, Incident Reponse, Risk Management, Shared Assessments, Shared Assessments Summit, Third Party Risk, Third Party Risk Management, Tone at the Top

I’m sitting in the bleachers watching my sophomore son wrestle in an all-day varsity tournament. As the bodies tangle, each wrestler is looking to expose and act on their opponent’s vulnerability. As I thought about strategy I realized this process is similar to managing vendor risk. This week, the Shared Assessments Program is hosting its […]

Press Release-White Paper Release: Financial Services Industry Call to Action

Published on April 7, 2016 By | Posted in: Blog, Press Release, Risk Management, Third Party Risk, Third Party Risk Management

FOR IMMEDIATE RELEASE MEDIA CONTACT Marya Roddis, Vice President of Communications O: 575.235.8228 marya@santa-fe-group.com White Paper Release: Financial Services Industry Call to Action Creating True Efficiencies through Standardization, Cooperation and Public-Private Partnerships Focused on Critical Third Party Risk Management Issues Santa Fe, NM — March 15, 2016 — Shared Assessments is pleased to announce the […]

It Takes In-Tune Tone at the Top to Shape an Effective Risk Management Culture

Published on March 29, 2016 By | Posted in: Blog, Board of Directors, Newsletter, Risk, Risk Management, Tone at the Top

Good risk management is heavily process-dependent and without risk-focused leadership that enables effective structure and process security and operational risk activities may remain suboptimal. Shared Assessments developed In-Tune Tone at the Top in direct response to the increasingly disturbing financial, reputational, legal and regulatory consequences that, in part, arise from insufficient Board and C-Suite engagement […]

Shared Assessments Program licensee Churchill & Harriman logo
Shared Assessments Licensee Rsam
Shared Assessments Licensee-Copytalk
Shared Assessments Logo Deluxe Corp
Shared Assessments Licensee Identity Theft 911
Shared Assessments Logo yodlee
MetricStream logo
Shared Assessments Logo dtcc
Shared Assessments Licensee ctg
Shared Assessments Licensee TD Ameritrade
Shared Assessments Logo first data
Shared Assessments Licensee ZS logo
Shared Assessments Logo sei
Shared Assessments Licensee Bank of the West
Shared Assessments Licensee Pivot Point Security
Shared Assessments Logo pwc
Shared Assessments Logo Ernst & Young
Shared Assessments Logo usbank
intralinks-logo
Shared Assessments Licensee ControlCase
Shared Assessments Logo radian
Shared Assessments Logo Iron Mountain
Shared Assessments Licensee Power Advocate
Shared Assessments Logo Deloitte
Shared Assessments Licensee Lockpath
Shared Assessments Logo Bank Of New York Mellon
Viewpoint Logo
Shared Assessments Licensee Protiviti