Third-Party Concentration Risk

Every firm in every sector operates within a complex extended enterprise, with extensive reliance on third-, fourth-, and nth party relationships. Concentration risk is emerging as a top-line risk and an increasing area of focus for many senior executives and risk professionals. There are many forms of concentration risk, some of which are predomi­nant in third-party risk management that will be addressed in this RMA Third-Party Risk Management (3PRM) Round Table members’ whitepaper.

…