Intelligent Fin.tech Issue 23 | Page 19

GAUGING THE MARKET

UK financial organisations planning to increase investment in TPRM solutions , the study reinforces the need for a more integrated and strategic approach to managing third party relationships , particularly in an era dominated by cloudbased services .
“ This survey paints a picture of a financial services industry at a crossroads , with technology playing a pivotal role in navigating these changes ,” said Gary Lynam , Managing Director EMEA at Protecht . “ Firms are increasingly seeking to align risk management disciplines with technological advancements to build sustainable , resilient and efficient operational frameworks . We urge organisations to embrace these technologyled changes to not only mitigate risks but also to harness new opportunities for growth and innovation .” �
Gary Lynam , Managing Director EMEA at Protecht www . intelligentfin . tech
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