3rd Party Risk Management

Improving Vendor Risk Management

NYKA Advisory Services' Sunil Chandiramani Offers Insights for Financial Institutions
Sunil Chandiramani, founder and CEO, NYKA Advisory Services

Providing vendors with visibility to a company's systems makes the vendor management process far more complicated, says Sunil Chandiramani of NYKA Advisory Services.

See Also: How Enterprise Browsers Enhance Security and Efficiency

In a video interview at Information Security Media Group's recent Security Summit in Mumbai, Chandiramani discusses:

  • How financial institutions go about vendor onboarding;
  • Challenges vendors face in managing risks;
  • What can be done to improve vendor risk management.

Chandiramani, is founder and CEO of NYKA Advisory Services. He advises high-growth entrepreneurs on designing and implementing initiatives in the areas of corporate strategy, technology transformation, operational effectiveness and governance. He is an independent director on the boards of several organizations, including Jammu & Kashmir Bank, Ganesh Grains Limited and Updater Service Pvt Ltd., and a strategic adviser to several other companies, including WestCoast Group, VigyanLabs Limited and Bayside Media Private Limited.

About the Author

Suparna Goswami

Suparna Goswami

Associate Editor, ISMG

Goswami has more than 10 years of experience in the field of journalism. She has covered a variety of beats including global macro economy, fintech, startups and other business trends. Before joining ISMG, she contributed for Forbes Asia, where she wrote about the Indian startup ecosystem. She has also worked with UK-based International Finance Magazine and leading Indian newspapers, such as DNA and Times of India.

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