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 has developed 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 series
Market Insights Financial Services Third-Party Risk Management
Check out our Market Insights video series for an overview into the interagency guidance changes for each third-party risk management lifecycle stage and what the new interagency guidance means for over 1,500 banking institutions impacted.
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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 and understand how you can align your third-party risk management program to the new guidance with these tips and tools.
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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 and understand how you can align your third-party risk management program to the new guidance with these tips and tools.
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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 and how you can align your third-party risk management program to the new guidance with these tips and tools.
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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 and see how you can align your third-party risk management program to the new guidance with these tips and tools.
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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 and see how you can align your third-party risk management program to the new guidance with these tips and tools.
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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 and how you can align your third-party risk management program to the new guidance with these tips and tools.
GOKeep CALM and contract on.TM
Meet one of our CALM experts.
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
AI, Contract Lifecycle Management, and eSignature Implementation
Data Migrations
Contract Forensics
Managed Services
Contract Review & Analysis
Staff Augmentation & Placement
Digital Transformation
Business Process Automation
