Third-Party Risk in the Fintech Age: Oversight, Contracts & Contingency Planning
You can outsource the service, but you can never outsource the risk. Are your fintech partnerships truly under control? Join David Reed to learn how to develop a clear plan to strengthen oversight, tighten contracts, and stay examiner-ready in a rapidly evolving fintech landscape.
KEY WEBINAR TAKEAWAYS
- Unique risks posed by fintech partnerships and emerging technologies
- Protective provisions and negotiation strategies critical for strong vendor contracts
- Effective due diligence, risk rating, and monitoring processes
- Contingency and exit strategy planning for critical vendors
- Common vendor management failures and how to avoid them
BONUS MATERIALS
- Third-party risk classification matrix
- Fintech partner due diligence checklist
- Critical contract clauses review guide
- Data security and information sharing assessment tool
WEBINAR DETAILS
Financial institutions rely on a growing network of fintech partners, core processors, and service providers to remain competitive. But increased reliance brings increased risk and clear regulatory expectations: you can outsource the function, not the responsibility. This expanding universe of fintechs offers tremendous opportunities for innovation, efficiency, and growth, if the risks are properly understood and managed.
This focused session will provide a practical roadmap for managing third-party risk across the full vendor lifecycle. Participants will learn how to risk-rank vendors, conduct effective due diligence, strengthen contracts, and implement ongoing monitoring aligned with examiner expectations. Special attention will be given to fintech relationships, where data sharing, speed of innovation, and evolving business models heighten risk.
