Newsletter

This issue's key takeaways: Banks in the US and EU have clear expectations and guidelines for managing third-party risk: the Interagency Guidance on Third-Party Relationships and the Digital Operational Resiliency Act (DORA).These regulations expect banking organizations to perform diligent financial oversight and analysis of third-party partnerships.Banks must manage third-party financial conditions throughout the entire relationship lifecycle to maintain regulatory good standing and avoid financial danger. Comprehensive assessment and analysis tools are key to proactively mitigating risk.

A trade war is here. Maybe. Probably. Certainly, the threat of tariffs is real and to some extent the tariffs themselves will be enacted. Then the counter tariffs, and so on. Corporations of all sizes are war rooming what these increased costs will mean. Despite rhetoric, the buyer always pays when tariffs are enacted, and in today’s market, not all buyers can afford what’s coming.

This issue's key takeaways: Three-out-of-four Fortune 1000 companies’ suppliers are private companies.Across industries, key supplier sectors have elevated risk levels which are visible in their financial health.Businesses that are low risk can handle unexpected stress to their supply chain better than high risk businesses. Visibility into the financial health of companies, especially private ones, is crucial to managing risk and avoiding damaging outcomes. Identifying healthy suppliers that can grow with their customers is key to supply chain resiliency.