Vendor Risk is one of the strongest contributors to operational risk. Poorly setup, it can be incredibly expensive and produce poor results. Alyne provides a powerful value proposition demonstrated in this use case video.
Setting up a scalable and cost effective Vendor Governance service is not an easy task and there are a number of core business process and solution requirements that are critical for success.
Vendor Governance - Expensive process and intransparent risk
Vendor governance is gaining a lot of attention as one of the top drivers for cyber risk to organisations and a very significant contributor to overall operational risk - especially if you are a financial institution.