Global companies face extraordinary risks through their reliance on third-party agents, distributors, consultants and vendors/suppliers.  Federal prosecutors and regulators have had a record year in FCPA and sanctions enforcement.  To mitigate these risks, global companies are quickly adopting automated platforms to manage their third-party risks.  NAVEX Global is at the forefront of this effort through its RiskRate automated platform.

Chris Bailey, Product Manager, NAVEX Global, RiskRate Manager, and Stephen Gooding, Senior Director, Sales Specialist, NAVEX Global RiskRate, join Michael Volkov to discuss current third-party risk trends and developments, including common issues that need to be addressed.  Chris and Stephen have several years experience working with companies to develop and implement efficient solutions to the third-party risk issue.