Discussion Topics
Risk Ledger is pleased to share our report on Identifying Concentration Risks in Financial Services Supply Chains. This pioneering project showed how through collaboration, a group of financial services organisations were able to identify hidden systemic risks and enhance sectoral resilience.
The relevance of the findings of this project, however, is not limited to financial services, but applies to all heavily regulated industries across CNI and the Public Sector. These sector are facing a new frontier of risk — one that lurks deep in the intricate webs of these sectors' interconnected supply chains. Geopolitics and digitalisation have fueled a surge in supply chain attacks against our critical industries and infrastructure, exposing critical blindspots that regulators and institutions can no longer ignore.
With regulations like DORA demanding deeper visibility and resilience, this project showed how through the power of collaboration, organisations or even entire sectors can proactively map their supply chains to reveal previously hidden systemic risks that could threaten the stability of the industries they operate in.
What you'll find inside:
The relevance of the findings of this project, however, is not limited to financial services, but applies to all heavily regulated industries across CNI and the Public Sector. These sector are facing a new frontier of risk — one that lurks deep in the intricate webs of these sectors' interconnected supply chains. Geopolitics and digitalisation have fueled a surge in supply chain attacks against our critical industries and infrastructure, exposing critical blindspots that regulators and institutions can no longer ignore.
With regulations like DORA demanding deeper visibility and resilience, this project showed how through the power of collaboration, organisations or even entire sectors can proactively map their supply chains to reveal previously hidden systemic risks that could threaten the stability of the industries they operate in.
What you'll find inside:
- How a group of 6 financial institutions, by connecting to 395 direct suppliers were able to identify 1,272 additional dependencies across their 4th, 5th and nth parties.
- This mapping also revealed 47 previously hidden concentration risks, 38 of which were hidden beyond third parties in nth=party tiers.
- 9 suppliers were connected to half the cohort, representing potential systemic risks to the group.
- Three actionable recommendations for better TPRM and systemic resilience outcomes.
