The management and evaluation of vendor and service provider risk has never been more important than it is right now in the investment management industry.
The investment management marketplace is being transformed by a variety of factors including globalization, product diversification and complex regulatory measures, all of which necessitates an increased reliance on external vendors, suppliers and service providers. The time is now for asset managers to take stock of their exposure to what is undoubtedly a vast network of third-party providers within the technology and operations ecosystem.
Download Systems and Vendors–a Joint Choice to learn:
- Why managing vendor risk is more critical than ever
- How the vendor playing field has evolved and how to quickly assess risk
- Best practices for the search and selection process
- Steps to mitigating risk and maintaining a vendor relationship over the long term
This paper was originally publish in SimCorp Journal of Applied IT in Investment Management. For more on this topic, including a video interview with the author, visit SimCorp's Journal feature here.
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