The digital transformation of the financial sector has significantly increased reliance on critical third parties such as cloud providers, fintech companies, SaaS platforms, and specialized technology services. While these ecosystems enable innovation, efficiency, and new digital services, they have also increased financial institutions’ exposure to operational, technological, regulatory, and cybersecurity risks.

In this context, traditional third-party management models based on periodic assessments and static questionnaires are no longer sufficient to identify rapid changes in suppliers’ risk profiles. Institutions face the challenge of maintaining continuous visibility into risks associated with operational disruptions, security incidents, technological dependencies, and regulatory compliance within increasingly interconnected environments.

Download the report to learn more about how third-party risk has evolved in the financial sector, the main limitations of traditional approaches, and the importance of adopting risk-based models, continuous monitoring, and contextual correlation to strengthen operational resilience and improve the ability to anticipate emerging risks.