The white paper explores the challenges faced by BFSI companies in Europe when it comes to managing third-party risks. It highlights the need for BFSI companies to cast the risk management net wider and deeper, consolidate the operating model to cover source-to-pay (S2P) processes, and adopt intelligent technology to integrate the landscape for monitoring and mitigating risk more effectively and efficiently. The paper also discusses the importance of collaboration for improved understanding and adoption of measures, as well as the impact of regulatory changes and M&A activity on the BFSI landscape.
