April 3, 2025

Third Party Risk Management w/ Daman Dev Sood

Third Party Risk Management w/ Daman Dev Sood

Join me once again as I speak with trainer, scholar, resilience professional, researcher, and author, Daman Dev Sood. In this episode we talk about his latest book "My Experiments with Third Party Risk Management" - a topic top of mind for many businesses. 
During this episode we touch on:
1. Defining 3rd Party Risk Management
2. What is a vendor? 
3. Parameters of Risk (related to 3rd parties), 
4. Regulation, guidelines, and mandates, 
5. TPRM in Operational Resilience and Business Continuity Management, 
6. Performing a 'Materiality Assessment' (and it's 5 step approach), 
7, Weighing vendors, 
8. Performing a 'Substitutability Assessment',
9. RFI and RFPs, 
10. Maintaining the evaluation of vendors (and its timing), 
11. Chief Data Manager...and more. 
Daman once again shares some valuable insights on a topic that it top of mind for many business leaders and their organizations. Don't miss what Daman has to share - it will help you. Enjoy!

 

Daman Dev Sood

Over 36 years in the industry, over 16 years in Resilience (Organisational Resilience, BCM, Risk Management, Crisis Management), international traveler/ worker, practitioner-trainer-consultant-auditor, author-speaker, served various companies in various sectors, multiple successful/ certified implementations, over 9500 hours of training/ teaching, multiple national and global awards winner - this is what I bring to table for my customers.