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Mitigating Outsourcing Risks in Banking and Finance: How to Manage Vendors
   LIVE Webcast  


Event Details:                                                                                                                                                          

Over the years, banks and financial institutions have come to rely upon outsourcing partners as a means to lower costs while increasing operational effectiveness. However ,there have been a number of recent security breaches among well-known companies highlighting the need for new vendor management policies. The Knowledge Group has assembled a panel of key regulators and thought leaders to help banks and financial institutions manage their outsourcing risks. Speakers will also provide valuable information regarding significant issues in the mix including:

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Advance Preparation: Print and review course materials
Course Code: 114210
Recording Fee: $299 (Please click here for details)


Featured Speakers for Mitigating Outsourcing Risks in Banking and Finance: How to Manage Vendors LIVE Webcast :

Agenda  (click here to view more)
Jim Pitts, Project Manager,
  • • Current Overview: Changing Landscape, Top of Mind Risk Areas, Recurring Themes in Financial Services
  • • Key Considerations for managing Subcontractors: Regulatory, policy, initial due diligence, contracting, subcontractor approvals, ongoing monitoring
  • • Concentration Risks in Outsourcing Relationships
James L. Alberg, Partner ,
Pillsbury Winthrop Shaw Pittman LLP
  • • Follow a methodical process in choosing and managing vendors
    • • Align with the vendor on SLAs, step-in rights, incentives, liquidated damages
  • • No benign neglect of the relationship
  • • In some cases have two vendors
  • • Risk mitigation should be part of your governance process
    • • Align vendor compensation for their employees with your satisfaction
    • • frequent alignment meetings
Daniel A. Schlossberg, Director of Outsourcing Services,

Middle to Back Office Outsourcing: Why Now Is the Right Time
  • • Where the industry is now & where it is going
  • • Where outsourcing adds value (pain points and benefits)
  • • Types of outsourcing providers – Vendors vs. Custodian
  • • How to select the right solution for your organization

Jim Pitts
Project Manager
speaker bio »»

Pillsbury Winthrop Shaw Pittman LLP
James L. Alberg
speaker bio »»

Daniel A. Schlossberg
Director of Outsourcing Services
speaker bio »»

Who Should Attend?

‒ Chief Security Officers
‒ Chief Information Security Officers
‒ Chief Information Officers
‒ Risk and Compliance Officers
‒ Auditors
‒ Security Managers
‒ Senior Bank Executives
‒ Chief Financial Officers and Chief Operating Officers
‒ And other related professionals

Why Attend?

This is a must attend event for anyone interested in learning how to manage outsourcing risks for banks and financial institutions.
‒ Detailed guidance explained by the most qualified key leaders & experts
‒ Hear directly from key regulators & thought leaders
‒ Interact directly with panel during Q&A

Be in the know! Register for this course today by clicking the “Register” button below. Significant discounts apply for early registrants.

Registration Information:                                                                                                                                    

Please note, the event date is firm although it may be subject to change. Please click here for details.
The Knowledge Group, LLC is producing this event for information purposes only. We do not intend to provide or offer business advice. The contents of this event are based upon the opinions of our speakers. The Knowledge Congress does not warrant their accuracy and completeness. The statements made by them are based on their independent opinions and does not necessarily reflect that of The Knowledge Congress' views. In no event shall The Knowledge Congress be liable to any person or business entity for any special, direct, indirect, punitive, incidental or consequential damages as a result of any information gathered from this webcast.

















Mitigating Outsourcing Risks in Banking and Finance: How to Manage Vendors
LIVE Webcast

Event Sponsors:

Pillsbury Global Sourcing is the largest customer focused sourcing practice in the world with over 75 professionals, providing integrated legal and consulting services. He has over 30 years of experience in technology-related transactions. Recently, he led an integrated team of Pillsbury lawyers and consultants in a series of transformational global IT infrastructure and AD&M outsourcings with IBM and Wipro for one of the world's largest providers of financial services to institutional investors. The transactions are expected to generate significant savings, refresh their technology capabilities, and enable their private cloud computing initiative. The Pillsbury team managed the competitive procurement and led the negotiations with all of the potential suppliers.

PORTIA provides software and outsourcing services to investment management firms around the world. Whether it is investment accounting, fund accounting, performance measurement and attribution and/or client reporting for your global assets, we have the industry's premier solutions to meet your needs. In addition to offering world-class software solutions, PORTIA provides flexible and customized business process outsourcing, from basic hosting to fully outsourced solutions for middle-to-back office operations. PORTIA Outsourcing Services enables firms to better allocate resources and control costs. By outsourcing your operations, you can better focus on value-added activities that will help you achieve operational excellence and scale as your business grows. We work directly with clients to understand their unique needs and determine the areas where they can benefit most from outsourcing. Our proven expertise in investment accounting is recognized by investment managers in over 40 countries who manage assets totaling more than US $10 trillion.

Speaker Firms:



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We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at:

Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

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The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.

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