Ballard Spahr is proud to partner with Venminder, Inc., on this podcast posted today discussing third-party vendor risk management concerns of financial institutions and service providers. Hosted by Venminder’s Chief Risk Officer Branan Cooper, the podcast features Glen Trudel, a partner in Ballard Spahr’s Consumer Financial Services Group with extensive experience in this area.
The podcast addresses practical business issues and concerns often found with vendor management structures, the increasing importance of cybersecurity considerations in achieving effective risk management, ways to demonstrate senior management involvement and adherence to regulatory guidelines, and the possibility of regulatory relief or moderation in this area of compliance.