How Should Firms Use the UK Finance Supplier Assurance Framework? 2022 | UK Finance | 5 April 2022 | Online

This webinar provides a detailed overview of how financial services firms can use the framework as part of their supplier assurance process.

The framework is focused on operational resilience controls and is intended to provide an industry standard approach to supplier assurance that could form the basis for collective assurance, reducing both resource and cost to firms and suppliers.
UK Finance will be joined by S&P Global, a company that through its KY3P product, helped develop the framework.

Key learning outcomes:
• To ensure a consistent approach to operational resilience in third party control assessment. The intended benefit is an assurance methodology that meets a standard agreed as appropriate by industry peers while setting clear expectations for suppliers. This recommendation is also foundational to further opportunities for greater industry collaboration, such as greater collaboration on on-site assurance.
• To allow suppliers to store and reuse responses for multiple requests across products and services. This reduces duplicative processes and enables suppliers to spend more time on their business and increases their visibility into valuable new opportunities.

2022 Speakers

Ian Burgess
Director, Cyber and Third Party Risk

Oge Udensi
Principal, Cyber Security, UK Finance