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The escalating need for TPRM – Can you transform your third parties’ risk into a competitive advantage?

Source: EY Release: EY-transforming-your-third-party-risk-into-a-competitive-advantage At an annual innovation retreat hosted by EY, panel participants discussed the ingredients necessary for disruptive innovation. Specifically, they argued that the status quo was not only obsolete, it was a recipe for disaster. Organizations have to design ecosystems that bring the outside in while maintaining trust and confidence with key stakeholders. More recently, in EY’s latest semi-annual Capital Confidence Barometer, nearly one…