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Ten Trends We’re Tracking in Third Party Risk–And How Nexis® Solutions Can Help

April 30, 2024

Companies rely on global third parties and suppliers to deliver their products and services, but these third parties are increasingly becoming their main exposure to risk. In recent years, ten trends have emerged to change the type and scale of third-party risks. These developments bring forth new legal, financial, reputational, and strategic challenges for organizations.

The following checklist addresses each trend in turn, then suggests how companies can address them to better manage third party risk–with help from LexisNexis’ unrivaled data and technology.