Tag: Third-Party Risk Management

Sprinto, a prominent player in the RegTech industry, has successfully closed a $20m Series B funding round. The investment was led by notable names including Accel, Elevation Capital, and Blume Ventures, positioning Sprinto for significant technological advancements.

Risk Ledger, a cybersecurity business specialising in supply chain resilience, has successfully closed a £6.25m series A funding round. This injection of capital comes at a critical time when third-party security breaches are at an all-time high.

Final guidelines aimed at bolstering third-party risk management in banking organisations have been issued by a cohort of federal bank regulatory agencies. This initiative is designed to help such institutions better navigate the risks arising from relationships with third-party entities, with a particular emphasis on financial technology, or FinTech, enterprises.

In a recent post by Moody's Analytics, the company outlined three key pillars of third-party risk management. 

With the aim to ramp up operations and scale further, Israel-based risk management firm Mirato has announced securing a $9m funding round.

Long Ridge Equity Partners has purchased ProcessUnity, a software-as-a-service provider for integrated risk management.