The financial industry is a living, interconnected ecosystem. Its strength depends on every participant driving positive change, while ensuring the regulatory framework continues to evolve with the growing challenges we face.

Orlando Fernández

Senior Technical Specialist, Bank of England

In an era of uncertainty, we have the opportunity to provide stability for our firms through transforming the way we deliver TPRM. Getting on the front foot with supplier data and digitising functions should allow firms to meet evolving regulatory expectations, and proactively manage real risks and threats.

Ian Trinder

Director, PwC

Third-party risk management needs to evolve – in addition to continuing to invest in getting to the root cause of yesterday’s problems i.e. incidents that have already happened and start predicting tomorrow’s so we can stop them before they impact. It’s about combining intelligence, technology and courage to predict with credibility, and having the guts to tell the board not just what has happened, but what is likely to and to get them to back steps to avoid in the first place. The real question isn’t whether you can afford to invest more in predictive capabilities, it’s whether you can afford the consequences if you don’t!

George Booth

Group Chief Procurement Officer, Lloyds Banking Group