Understanding vendor risk
In this roundtable our experts will delve into how best to understand the complexity of your vendor relationships to effectively mitigate vendor risk.
Milliman is an independent, privately owned, global professional services firm. Our legacy is actuarial science; we have become a global leader in actuarial services, risk and predictive analytics. Our background and business model is driven by our client focus using rigorous quantitative techniques applied to risk assessments and modeling.
Milliman’s Cyber Risk Solutions (CRS) is composed of a cross-functional team with complementary skills sets:
- Enterprise Risk Management and Operational Risk
- Emerging threat detection and modeling
- Consumer behavioral data and time series analytics
- Data sciences, including predictive modeling
- Regulatory remediation
- Actuarial science
Milliman CRS understands the quantification of operational risks such as conduct, vendor, cyber, reputational, climate, disgruntled employee, etc. is becoming ever more important. We understand where models that quantify risk are beginning to fail and how decision makers can take actionable steps to mitigate financial losses.