Anti-Corruption and Technology

Anti-Corruption and Technology
Collection filed under Anti-Corruption , Third Party Management , Information Technology

Huge anti-corruption fines. A focus on corporate conduct. Globalization. Each of these trends has put a lot of pressure on third party management programs. In the OCEG Tech Talk, “Anti-Corruption and Technology,” Ken Kurtz, Dennis Haist, and Tony Charles from STEELE CIS share insight and advice on managing anti-corruption in third party relationships.

1.

V01. Introductions

A brief introduction and background on Kenneth Kurtz, Chief Strategy Officer, and Dennis Haist (General Counsel).

2.

V02. Progress From Simplicity to Complexity

The shift seen from more simple organizations to the complexity we see today and what fuels that change.

3.

V03. Business Risk in Third Parties

Assessing risk in regards to customers, vendors, and third party intermediaries.

4.

V04. Offloading Risk

What you can and cannot offload in regards to business risk using third parties.

5.

V05. Third Party Risk Management Systems

An overview of developing a risk model for third party risk and risk management.

6.

V06. Benefits of Compliance Programs

The benefits of compliance programs in a business and the importance of them in third party management.

7.

V07. Does the Amount of Third Parties Matter?

A conversation on the topic of third party enumeration and its effect on vetting organizations.

8.

V08. Drivers Behind Need for Third Party Management Systems

What drives the need to development third party management systems, especially in regards to globalization.

9.

V09. Categorizing Third Parties

What should be considered when categorizing third parties during the development of a risk model.

10.

V10. Assigning Weights to Different Risk Factors

Third party risk factors that should be assigned a higher weight in overall risk scores.

11.

V11. Risks in the Lifecycle of a Third Party Relationship

Risk factors in the lifecycle of a third party relationship.

12.

V12. Assessment of Risk in Third Parties

Categorizing third parties as low or high risk and what factors to take into consideration.

13.

V13. Monitoring and Evaluating Third Parties

Setting up timelines in re-evaluating third parties and the difference between continuous and ongoing monitoring.

14.

V14. Overview of Due Diligence for Low, Medium, and High Risk Tiers

Overview of what steps should be taken for a third party based upon which tier of risk it is categorized into.

15.

V15. Inverted Pyramid of Risk Population Breakdown

How low, medium, and high risk populations in a total population form an inverted pyramid in regards to level of due diligence.

16.

V16. Data Privacy

Data privacy as a risk itself raising concern and resulting in data protection laws.

17.

V17. Lifecycle and Structure of Third Party Management Programs

The lifecycle as well as structure and management of third party management programs.

18.

V18. Audits

The purpose and importance of audit logs in third party management.

19.

V19. Integrated Third Party Management Systems

Integrating third party management software and ERP.

20.

V20. Selecting a Solution Provider

How to select a software or services solution provider for third party management.

21.

V21. Introduction of Tony Charles

Introduction and background of Tony Charles, VP, Strategic Development Group.

22.

V22. What Is A Third Party Management Software Solution?

The purpose and components of a third party management software solution.

23.

V23. Benefits of Third Party Management Software

Benefits of technology in third party management.

24.

V24. The On-Boarding Process in Third Party Management Software

What is automated or facilitated by use of third party management software in the on-boarding and lifecycle of the third parties.

25.

V25. How To Get Started Automating A Third Party Management Program

Tips on how to get started, who to involve, and how to get support for a third party management program and software solution.

26.

V26. Pitfalls of Implementing Third Party Management Software

Common pitfalls of implementing third party management software and how to budget for the software.

27.

V27. Risk in the Pharmaceutical Industry

Third party risk and risk management in the pharmaceutical industry.

28.

V28. Third Party Management Programs and The Connection To Other Regulations

How third party management is connected to other regulations, and how the on-boarding process should consider other types of regulations.

29.

V29. Third Party Management in Mergers and Acquisitions

Third party management and mergers and acquisitions, and in joint ventures.

30.

V30. Acquisitions: Are You Responsible For Past Mistakes?

A discussion on the topic of mergers & acquisitions, transfer of responsibilities for past actions, and regulators' take on the matter.

31.

V31. Third Party Management in the Energy Industry

The role of third party management in the energy industry and working with governments.

32.

V32. Risk Model: Single or Multiple?

Should you have a single or multiple risk models in third party management?

33.

V33. Comparing Third Party Management In Different Industries

How different industries manage confidence and costs in third party management programs.

34.

V34. How Risk Models Evolve

How third party management risk models are implemented and how they evolve in most large organizations.

35.

V35. Third Party Management and Central versus Regional Control

Third party management programs and software and central versus regional control.

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