Alastair Parr on New Developments in TPRM

Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance. In this special episode, I am joined by Alastair Parr, SVP of Global Products & Delivery at Prevalent to discuss developments in third-party risk management. In this episode we consider: ·      Why is a comprehensive 3rd risk management solution not simply a nice to have but a must to have now?  ·      Why is 3rd party risk management so much critical after the pandemic and the Russian invasion of Ukraine? ·      Improving the UX for TPRM. ·      Why has simplifying the UX for TPRM eluded most providers so far? ·      How can the UX be improved so the information which is the most vital and most relevant is captured and more importantly can be actioned? ·      How can the process of obtaining TPRM information to implementing controls to manage the risk be improved? ·      How can companies automate data gathering by using a single targeted assessment by building in targeted compliance mappings for legal or regulatory requirements? ·      Other areas of compliance such as modern slavery and human trafficking? ·      The continued evolution of 3rd party risk management into 2025 and beyond. Resources Alastair Parr on LinkedIn Prevalent Being a Compliance Officer is Awesome on Amazon.com Learn more about your ad choices. Visit megaphone.fm/adchoices