Partner ecosystems: Managing risk in an interconnected world

Learn how to navigate complex third-party relationships and build resilient partner networks in today's volatile business environment.

The partner paradox: How to thrive in an evolving risk landscape

Discover four keys to building resilient partner ecosystems.

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Partner ecosystems are evolving rapidly – but so are the risks

Modern businesses increasingly depend upon third-party providers to create value, offset risk, and find opportunities. However, these relationships introduce complex risks, from geopolitical tensions to cybersecurity threats. Our research reveals that traditional oversight practices are no longer sufficient, with few organizations extending resiliency plans beyond critical processes. Read The partner paradox: How to thrive in an evolving risk landscape to see how your organization can manage these partner ecosystem risks while building more resilient relationships.

83%

of executives plan to expand their partner networks in the next 1-3 years

17%

of organizations have extended resiliency plans beyond critical processes

Few organizations are fully prepared to manage the complex risks in today's partner ecosystems.

Only half of companies have centralized structures for managing risk and resiliency
Just 25% of organizations have a cross-functional view of risks across the enterprise

Based on extensive research and client experience, KPMG has identified four essential imperatives for effective third-party risk management. Our findings show that organizations with centralized risk structures and real-time monitoring are better positioned to respond to disruptions. By implementing these imperatives, companies can build resilient partner ecosystems while fostering innovation in an increasingly complex environment.

Key questions to evaluate your partner ecosystem strategy

How well do you understand and manage the interconnected risks across your partner ecosystem?

Have you implemented continuous monitoring and real-time intelligence feeds for partner oversight?

How resilient is your supply chain against geopolitical risks and regulatory changes?

Are your data protocols and cybersecurity standards aligned across all ecosystem partners?

Modern businesses rely heavily on third-party partnerships to create value and drive innovation, but they are expanding faster than organizations can manage the risks. With third-party data breaches doubling in the past year, discover four keys to building resilient partner ecosystems.

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