In this episode of The Third Party Risk Institute Podcast, we explore how artificial intelligence is revolutionizing third-party risk management (TPRM) by shifting from outdated, static assessments to continuous, real-time monitoring. With third-party data breaches projected to impact over 60% of companies by 2025, this transformation is no longer optional it’s a regulatory and operational necessity.

Drawing from global regulatory trends, case examples, and emerging best practices, we break down how AI-powered TPRM enables organizations to detect issues faster, map fourth-party dependencies, assess ESG risks, and build resilience into complex supply chains. You’ll hear how machine learning, natural language processing, and anomaly detection are enhancing due diligence, automating risk scoring, and integrating real-time risk intelligence into procurement and governance.

What we cover in this episode:
• Why traditional annual vendor assessments no longer work in today’s fast-moving threat environment
• How AI enables continuous monitoring and dynamic risk scoring
• Techniques to map and manage fourth-party and concentration risk
• Integrating ESG risk into TPRM programs
• Key regulatory drivers including DORA, the EU AI Act, APRA CPS 234, and U.S. Interagency Guidance
• Best practices for AI governance and human oversight

You’ll walk away with practical guidance on:
• Building an integrated data foundation for continuous monitoring
• Selecting and deploying AI-enabled TPRM platforms
• Aligning your TPRM program with evolving global regulations
• Avoiding pitfalls like poor data quality, false positives, and AI overreliance

This episode is perfect for:
• Chief Risk Officers, Vendor Risk Managers, and Procurement Leaders
• Cybersecurity, Compliance, and Audit Professionals
• ESG, Sustainability, and Governance Specialists
• Anyone tasked with safeguarding critical third-party relationships in regulated industries

If you like reading, check out our full blog post on Modernizing Third Party Risk Management with AI here: https://thirdpartyriskinstitute.com/modernizing-third-party-risk-management-with-ai/

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In this episode of The Third Party Risk Institute Podcast, we’re joined by James Gellert, CEO of RapidRatings, to explore how financial health analysis can act as a predictive signal for third-party risk and why it’s more critical than ever in today’s complex vendor ecosystems.

James brings decades of experience in finance, technology, and analytics, and under his leadership, RapidRatings has become a global benchmark in evaluating financial health using objective, statement-based ratings. This conversation dives into how financial data, when analyzed rigorously and presented clearly, empowers risk, procurement, and compliance teams to make proactive, informed decisions, not just reactive ones.

With third parties spanning thousands of vendors, fintechs, and non-vendor entities like utilities and payment platforms, organizations need scalable ways to flag degradation early, understand downstream impact, and prioritize engagement. James shares how their analytics are used across industries to identify resilience, assess M&A impacts, and evaluate young or private vendors, especially when traditional due diligence doesn’t offer enough visibility.

What we cover in this episode:

• How financial health ratings provide predictive, not just historical, insights
• The value of segmenting vendors by criticalit,y not just spend
• Portfolio-level risk views to avoid aggregation blind spots
• Using financial data to surface early warnings of operational or cybersecurity risks
• The interplay between financial health, innovation, and third-party performance
• How companies can obtain financial disclosure from small or private vendors
• Mitigating concentration risk across critical and non-vendor third parties

You’ll walk away with practical guidance on:

• When and how to assess financial health across the third-party lifecycle
• How to build collaboration between business units and risk functions
• Why integrating financial ratings with cybersecurity and ESG assessments matters
• How financial health underpins resilience, agility, and innovation
• The hidden costs of overlooking financially weak partners and what to do about it

This episode is perfect for:

• Third-party risk professionals and vendor managers
• Procurement and sourcing leaders
• Enterprise risk, compliance, and audit professionals
• Cybersecurity and operational resilience teams
• Anyone responsible for managing extended enterprise risk at scale

🎧 Enjoying the podcast?
Explore more resources, expert insights, and certification programs at www.thirdpartyriskinstitute.com

📱 Follow us on LinkedIn for real-world conversations and industry trends: Third Party Risk Institute Ltd.

📬 Have a question or topic you'd like us to cover?
Email us at: info@thirdpartyriskinstitute.com

In this episode of The Third Party Risk Institute Podcast, we dive into the major shifts in regulatory expectations, ESG obligations, and cybersecurity threats that are reshaping Third Party Risk Management (TPRM) in 2025.

From the tightening grip of global regulators to the growing complexity of ESG due diligence and the rise of AI risks this episode offers a comprehensive look at what risk leaders need to prepare for now.

What we cover in this episode:

• How DORA, FINRA, and new U.S. privacy laws are raising the bar on third-party oversight
• Why ESG is no longer optional and what it means for your vendors and contracts
• The impact of AI and emerging tech on data privacy, due diligence, and risk scoring
• Which new expectations are hitting procurement, compliance, and cybersecurity teams hardest
• How to future-proof your TPRM program through governance, automation, and centralized tools

You’ll walk away with practical insights on:

• Mapping vendor risk across global regulations
• Setting up effective ESG and privacy controls
• Embedding real-time cyber monitoring and AI oversight
• Building a resilient TPRM function that meets 2025’s complexity head-on

This episode is ideal for:

• Risk and Compliance Leaders
• Procurement & Sourcing Professionals
• ESG, Audit, and Privacy Officers
• Cybersecurity and GRC Teams
• Third Party Risk Analysts & Program Owners

Want more?
Explore our training programs, assessments, and resources designed for professionals advancing their third-party risk capabilities at Third Party Risk Institute Ltd.

🎧 Enjoying the podcast?
Explore more resources, expert insights, and certification programs at www.thirdpartyriskinstitute.com

📱 Follow us on LinkedIn for real-world conversations and industry trends: Third Party Risk Institute Ltd.

📬 Have a question or topic you'd like us to cover?
Email us at: info@thirdpartyriskinstitute.com