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The ORX Operational Risk PodcastAuthor: orxoperationalriskpodcast
Updates and insights on operational and non-financial risk management from the largest operational risk association in the financial services sector. Language: en Genres: Business, Investing, Non-Profit Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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How the expanding third party ecosystem is testing risk teams
Episode 91
Tuesday, 17 February, 2026
In this episode of the ORX Operational Risk Podcast, Helen L’Abbate, Deputy Director of Research and Information, is joined by Emilie Odin and Nikki Truss‑West, ORX Research Senior Managers, to unpack how digital transformation, new customer expectations, tighter margins and modern operating models have accelerated firms’ reliance on external suppliers. Drawing on insights from the Third Party Ecosystem Risk Management practice paper and the Third Party Cyber Risk Oversight and Assessment 2025 report, the discussion translates emerging risks and community insights into practical, actionable guidance for risk teams. Listen in as we explore what’s behind the surge in third‑party relationships, the cyber and resilience risks created by increasingly complex supply chains, and the steps firms are taking to strengthen oversight across both TPRM and cyber functions. Topic highlights: What third‑party ecosystem really means What’s driving the rapid expansion The risks created by the expanding ecosystem How ORX members are evolving their TPRM frameworks A first look at ORX’s 2026 third‑party deliverables Episode resources Available to ORX members Third Party Ecosystem Risk Management paper: https://orx.org/resource/third-party-ecosystem-risk-management-2025 Third Party Ecosystem Risk Initiative: https://orx.org/project/third-party-ecosystem-risk-initiative Insurance sector review of navigating third party risk management blog: https://orx.org/blog/insurance-sector-review-of-navigating-third-party-risk-management Blog - Third party risk management: Summary of LeadersConnect discussions: https://orx.org/blog/third-party-risk-management-summary-discussions Available to ORX Cyber subscribers Third Party Cyber Risk Oversight & Assessment report: https://orx.org/resource/third-party-cyber-risk-oversight-and-assessment-2025 Blogs available to everyone BCBS third-party risk principles: What you need to know: https://orx.org/blog/bcbs-third-party-risk-principles-what-you-need-to-know Embedding TPRM in business strategy: Seven steps to success: https://orx.org/blog/bcbs-third-party-risk-principles-what-you-need-to-know EBA finalises new operational risk event taxonomy: https://orx.org/blog/eba-finalises-new-operational-risk-event-taxonomy Third Party Ecosystem Risk Initiative: Key TPRM challenges revealed: https://orx.org/blog/third-party-ecosystem-risk-key-challenges Geopolitics, AI and third parties drive surge in op risk materiality: https://orx.org/blog/geopolitics-ai-and-third-parties-drive-surge-in-op-risk-materiality To find out more about ORX Membership, ORX subscription services, and access other operational risk resources, just search ‘ORX’ or visit: www.orx.org.
