Improving Vendor Risk ManagementNYKA Advisory Services' Sunil Chandiramani Offers Insights for Financial Institutions
Providing vendors with visibility to a company's systems makes the vendor management process far more complicated, says Sunil Chandiramani of NYKA Advisory Services.
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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.