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Outsourcing Management

Financial services organizations can outsource processes and systems, but maintain full responsibility for the risks resulting from their operations. As a result, these organizations must proactively enforce compliance with the banking regulations throughout their entire chain of suppliers in outsourcing scenarios.

Objectives

An established outsourcing risk management process helps companies achieve the objectives that drive success.

Achieve standardization

Implement a standardized approach to evaluate and categorize all suppliers/contractors.

Define critical outsourcing

Identify outsourcing that is critical for the organization.

Implement risk management

Detect and manage all significant risks related to outsourcing including: regulatory risks and requirements, legal and contract risks, quality risks, operational and process risks, reputational risks, and business continuity risks.

Challenges

Our solution with risk2value

Outsourcing Management mit risk2value
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Implementing a risk event database at LGT

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Romana Hanig avedos Mitarbeiter

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We'd be happy to assist!

Romana Hanig

SALES & ACCOUNT MANAGER