As reliance on third parties grows, so does the need to foster transparency. PwC’s Trust and Transparency Solutions team explores every angle, taking an ecosystem approach to fostering clarity so you can build trust at every turn.
Our global economy is more integrated than ever before, with businesses leveraging multiple partner and vendor relationships to realize efficiencies and cost savings, access specialized solutions and skill sets, and achieve competitive advantage. However, that advantage comes with its own risks and challenges around third-party and cloud-related data security, lengthening supply chains, and more.
Here you can explore insights from PwC’s Trust and Transparency Solutions leaders who help companies gain assurance that their partners and vendors have the necessary controls in place to safeguard sensitive data and provide peace of mind to their stakeholders.
Todd Bialick, PwC's Third Party Assurance Leader, discusses opportunities where third party controls and vendor risk management can leverage disruptive technology to drive real business results.
PwC's Todd Bialick and Scott Greenfield discuss how the ability to mitigate risk and produce vital information can create market trust, competitive advantage and increase growth.
PwC's Joseph Griffin discusses how the service organizations that support businesses can convey trust, customization and transparency to their customers.
Along with the FICCA assessment framework, the mutual fund board, the management company, transfer agents, and intermediaries need an efficient intermediary oversight program.
Achieving a holistic approach to third party contracts and conquering contract value leakage through management of contract renegotiation, renewal, and exit.
In response to the new requirements, many healthcare payers are requiring their business associates to be HITRUST certified. This report explains why companies are choosing to follow the HITRUST CSF and the steps companies need to take to become certified.
Do you have customers that plan to audit you? Are clients asking about privacy? The SOC 2 criteria are changing-and here’s what to do about it.
To satisfy Regulators and customers, service providers must develop, expand, or evolve their vendor controls and compliance functions. By adopting an independent assurance and SOC reporting framework, pharma organizations can provide customers with comfort over their third party operations and create a competitive advantage. This paper describes how PwC's SOC 2+ reporting framework can significantly increase efficiency and cut costs.
SOC Reporting Framework for fintech organizations.
The rate of global outsourcing of both core and support functions within organizations is rapidly rising. In an attempt to further reduce costs, organizations are asking that outsourced vendors play a larger role in supporting critical activities of the business. The result is increased pressure on service providers to provide greater transparency over their controls, so that their customers’ have assurance over their vendor’s operations. PwC’s Vendor Controls Attestation Report (SOC 2+) is designed to manage outsourcing risks and provide assurance over vendor controls, while saving both the vendor and customer money and time.
Organizations are increasingly looking to global markets for outsourcing as a means of reducing costs and increasing efficiencies. In order to receive assurance over their vendors’ operations, companies are demanding SOC (Service Organization Controls) reports prepared by independent auditors.
Todd Bialick
Trust and Transparency Solutions Leader, PwC US
Tel: +1 (973) 236 4902
Email
Kevin O’Connell
Trust and Transparency Solutions Financial Services Leader
Tel: +1 (617) 530 7785
Email
