2023 RMA Third-Party Non-Vendor Risk Management Survey

The recent RMA  Third-Party Nonvendor Risk Management Survey found that the proportion of financial institutions that consider their nonvendor third-party risk management programs to be fully mature continues to increase. That figure now stands at 28%, and has risen steadily since the first survey in 2015, when 14% of respondents rated their program fully mature. Meanwhile, 35% expect their program to be fully mature within a year.  

Participants included community, regional, super…