Author: Kevin Spiers

The benefits of using technology to manage third-party risk are not lost on compliance professionals. When you consider the growing size, complexity and geographic diversity of companies’ third-party ecosystems, it’s easy to see why. 60% of organisations now work with more than 1,000 third parties and managing the risks of doing business with them is both costly and cumbersome. Big data, AI, robotic process automation and machine learning are just some of the technologies compliance teams are using to rise to the challenge. But there’s another much-feted kid on the block that’s causing quite a stir: blockchain. Described by Bill…