The Product Showcase series is a presentation delivered by a Fusion expert on the third Wednesday of every month. The topics dive deep into Fusion products, features, and capabilities, and it incorporates a product demonstration and Q&A.
Topic: Third-Party Risk Management: Continuous Monitoring of Critical Third Parties
Description: This session provides an overview of Fusion’s end-to-end third-party risk management solution while drilling into ways that you can utilize the platform to continuously monitor your most critical third parties. By leveraging the information foundation, risk register, control inventory, key risk and performance indicators, issues, incidents, and other foundational elements, the showcase will unveil how to elevate your program and mitigate pervasive risks associated with the organizations providing you key products or services.
During this session, you will learn the following:
- Understand how the core pieces of a third-party risk management lifecycle are organized and enabled in Fusion – from onboarding to termination
- Learn how initial onboarding and risk tiering can help to identify which third parties are most critical to your enterprise
- Discover how Fusion helps you to continuously monitor your most critical third parties using out-of-the-box functionality
- Accurately and decisively respond to risk events, disruptions, or gaps in mitigation utilizing targeted data, reports, and dashboards
Presenter: Alex Toews, Risk Solutions Manager at Fusion Risk Management