Six-bank vendor due diligence utility seeks international reach.

Jayson Horner, President, Co-Founder, & CEO of CanDeal, sat down with Luke Clancy of Risk.net to discuss the new CanDeal Third-Party Risk (TPR) utility, which will provide a common framework, reduced duplication, and increase productivity across the Canadian financial ecosystem.

“Canadian fixed income trading platform CanDeal is launching a vendor due diligence service that will initially serve the six largest domestic banks, but could be expanded globally in the future.

“The new utility, built to service BMO, CIBC, National Bank of Canada, RBC, Scotiabank and TD Bank, aims to streamline third-party risk management and regulatory compliance…”

Read the full article on Risk.net