Change is coming for financial institutions, are you ready?
On June 6, 2023, Federal bank regulatory agencies issued final joint guidance outlining fundamental principles and considerations for banking organizations’ risk management of third-party relationships.
To bring clarity to these changes, Cimplifi expert, Stuart Brock, is leading this Market Insights series which includes a whitepaper, videos, and blogs that deep-dive into the fundamental changes across the third-party risk management cycle, with a narrower lens focused on the contract negotiation elements. Read on for quick access to the full series resource library.
Delve into the guidance changes along the third-party risk management lifecycle with our resource library below.
VIDEO
INTRO TO MARKET INSIGHTS SERIES: WHAT
Hear from Stuart Brock as he welcomes you to our Market Insights series on Financial Services Third-Party Risk Management and what the new interagency guidance means for over 1,500 banking institutions impacted.
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VIDEO
INTRO TO MARKET INSIGHTS SERIES: WHY
Hear from Stuart Brock in this second introductory video on why banking organizations need to align their third-party risk management programs to the new guidance.
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VIDEO
INTRO TO MARKET INSIGHTS SERIES: HOW
Hear from Stuart Brock in this final introductory video on how banking organizations can align their third-party risk management programs to the new guidance.
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video
DIVE INTO LIFECYCLE STAGE: PLANNING
Join Stuart Brock for a quick overview into the interagency guidance changes for the planning lifecycle stage.
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blog
PLANNING: A Look at the New Guidance
Take a deeper dive into the new interagency guidance changes for the planning lifecycle stage.
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blog
PLANNING: Tips & Tools
Align your third-party risk management program to the new guidance with these tips and tools.
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video
DIVE INTO LIFECYCLE STAGE: DUE DILIGENCE & THIRD-PARTY SELECTION
Join Stuart Brock for a quick overview into the interagency guidance changes for the due diligence & third-party selection lifecycle stage.
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blog
DUE DILIGENCE & THIRD-PARTY SELECTION: A Look at the New Guidance
Take a deeper dive into the new interagency guidance changes for the due diligence & third-party selection lifecycle stage.
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blog
DUE DILIGENCE & THIRD-PARTY SELECTION: Tips & Tools
Align your third-party risk management program to the new guidance with these tips and tools.
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video
DIVE INTO LIFECYCLE STAGE: CONTRACT NEGOTIATION
Join Stuart Brock for a quick overview into the interagency guidance changes for the contract negotiation lifecycle stage.
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blog
CONTRACT NEGOTIATION: A Look at the New Guidance
Take a deeper dive into the new interagency guidance changes for the contract negotiation lifecycle stage.
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blog
CONTRACT NEGOTIATION: Tips & Tools
Align your third-party risk management program to the new guidance with these tips and tools.
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video
DIVE INTO LIFECYCLE STAGE: ongoing monitoring
Join Stuart Brock for a quick overview into the interagency guidance changes for the ongoing monitoring lifecycle stage.
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blog
ONGOING MONITORING: A Look at the New Guidance
Take a deeper dive into the new interagency guidance changes for the ongoing monitoring lifecycle stage.
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BLOG
ONGOING MONITORING: Tips & Tools
Align your third-party risk management program to the new guidance with these tips and tools.
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VIDEO
DIVE INTO LIFECYCLE STAGE: TERMINATION
Join Stuart Brock for a quick overview into the interagency guidance changes for the termination lifecycle stage.
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blog
TERMINATION: A Look at the New Guidance
Take a deeper dive into the new interagency guidance changes for the termination lifecycle stage.
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blog
TERMINATION: Tips & Tools
Align your third-party risk management program to the new guidance with these tips and tools.
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video
DIVE INTO LIFECYCLE STAGE: supervisory reviews of third-party relationships
Join Stuart Brock for a quick overview into the interagency guidance changes for the supervisory reviews of third-party relationships lifecycle stage.
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blog
supervisory reviews of third-party relationships: A Look at the New Guidance
Take a deeper dive into the new interagency guidance changes for the supervisory reviews of third-party relationships lifecycle stage.
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blog
supervisory reviews of third-party relationships: Tips & Tools
Align your third-party risk management program to the new guidance with these tips and tools.
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video coming soon
DIVE INTO LIFECYCLE STAGE: Oversight & Accountability
Join Stuart Brock for a quick overview into the interagency guidance changes for the oversight & accountability lifecycle stage.
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blog coming soon
Oversight & Accountability: A Look at the New Guidance
Take a deeper dive into the new interagency guidance changes for the oversight & accountability lifecycle stage.
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blog coming soon
Oversight & Accountability: Tips & Tools
Align your third-party risk management program to the new guidance with these tips and tools.
GOMeet some of our CALM experts.
Stuart Brock
SVP, Contract Analytics & Lifecycle Management
With more than two decades of experience in financial services procurement, data privacy, and compliance, Stuart is a leading expert in strategies, implementations, and delivery of contract analytics programs utilizing artificial intelligence and next-gen technology that drive key business outcomes that support our clients’ digital transformations, including regulatory compliance.
Charles Post
EVP, Contract Analytics & Lifecycle Management
Charles is a legal tech authority on utilizing emerging technologies, such as blockchain, smart contracts, and machine learning to tackle the legal industry’s most complex contract data issues. His unique experience is anchored in advising businesses on practically implementing contract analytics and contract lifecycle management projects.
Harness the power of AI and simplify the complexities of your contracts.
Legal expertise, advisory services, technology-driven implementation solutions and managed services converge in our contract analytics & lifecycle management (CALM™) practice.
We help you build workflows, establish repeatable processes and best practices, and leverage the right technologies to create a scalable solution that creates efficiencies and complements your existing practices.
Professional Services, Consulting, & Advisory Capabilities
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