Empowering vendor risk management function through advanced third party focussed risk strategies to boost protection and minimize operational drawbacks.

3rd VENDOR RISK MANAGEMENT ASIA SUMMIT 2021

The rising tide of scrutiny stemming from vendor risk crisis all over the world has finally made its place in one of the most important aspects of enterprise risk management. 4 in 10 organisations have fully mature vendor risk management (VRM) programs, 1 in 3 have only ad hoc or no significant VRM processes.

Asia-Pacific vendor risk market is expected to register the highest growth rate during 2019-2024. APAC has witnessed advanced and dynamic adoption of new technologies and is expected to record the highest CAGR in the global vendor risk market in the coming period.

Companies operating in APAC benefitting from the flexible economic conditions, industrialization-motivated policies of the governments, as well as from the growing digitalization, expected to have a significant impact on the business community.

Inventicon's 3rd Vendor Risk Management Asia Summit 2021 aims at serving as a platform for focussing on third party risks where top level professionals from the leading organisations will throw light on their best practices to properly identify and reduce vendor risks effectively, benchmarking information to ensure alignment and the knowledge needed for efficient due diligence of your vendors and foster third compliant third-party relationships.

SPEAKERS

KEY TOPICS OF DISCUSSION

  • Reviewing the impact of COVID-19 on vendor and third-party risk programs and the new 'normal' of working
  • Important considerations for formulating an explicit vendor risk management framework
  • Balancing the increased appetite to outsource services whilst maintaining security and due diligence processes
  • Developing efficiencies to better manage an end-to-end vendor life cycle management
  • Business Continuity & Disaster Recovery - Maintaining resilience programs in a volatile environment amidst maintaining controls and oversight of outsourced services
  • Identifying fourth parties and beyond (Nth party) to track dependencies and mitigate risk of service failure

WHY SHOULD YOU ATTEND

  • Improving your due diligence process for better vendor management
  • Best practices on third party audits and vendor risk assessments
  • Understanding the VRM regulatory requirements for VRM compliance
  • Managing cyber risk to stay ahead of threats
  • Learn how to mitigate vendor data breach risk

WHO WILL YOU MEET?

  • Head of Third-party risk management (TPRM)
  • Heads of Administration & Vendor Management
  • Chief Risk Officers
  • Head of Operational / Enterprise Risk
  • Chief Internal Auditors & Head of Compliance
  • Heads of Procurement, Supply Chain & Commercial

Gold Partners

Silver Partner

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