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Implementing Procurement's Role in Third-Party Risk Management

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Anna Sgro shares how adding procurement roles into third-party risk management systems can be a very effective contribution to your team. Is there an established framework and standards, and where is this information documented?

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You can make a difference and shape the future of Risk Management!

Risk Guide

Volumes have been written on the cause of the crisis the world is in, surveys have been done and many fingers are pointing in every direction—a couple of these are pointing straight at us, the Risk Professionals. It is time to renovate risk management. The basic Risk Management process cycle is one of those.

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Why organizations need to adopt an Integrated Third-Party Governance and Risk Management approach?

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. A report from Deloitte titled 'Third-party governance and risk management.

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Avoiding Client Remediation With RCSA (Part 3 of 3)

Perficient Digital Transformation

Here in this blog, we’ll review how financial institutions can avoid having to create and run a client remediation program in the first place by implementing Risk Control Self-Assessment (“RCSA”) techniques. Steps of an RCSA Program Risk professionals generally acknowledge that there are six steps to the RCSA process.

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How to use foundation models and trusted governance to manage AI workflow risk

IBM Services

AI governance refers to the practice of directing, managing and monitoring an organization’s AI activities. It includes processes that trace and document the origin of data, models and associated metadata and pipelines for audits. “Foundation models make deploying AI significantly more scalable, affordable and efficient.”

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IT Service Management (ITSM) in Education: Enhancing IT Support For Students And Faculty

31 West

Effective ITSM can ensure that IT resources are utilized efficiently, support services are responsive and user-friendly, and technological advancements are seamlessly integrated into the educational framework. Service Transition: Ensuring that changes to services are managed in a controlled manner.

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Generative AI use cases for the enterprise

IBM Services

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Experienced developers are leaning on generative AI to advance complex coding tasks more efficiently. Automate tedious, repetitive tasks.