2026 Global Third-Party Risk Management Survey: Financial services
Key findings to power AI-optimized third-party risk management strategies for financial services
Managing third-party risk in a more complex, interconnected world
For financial services organizations, third-party risk is no longer a back-office concern. It’s a core business issue—regulatory, operational, and resilience‑critical.
Ecosystems are expanding. Regulations keep shifting. Technology dependencies run deeper by the day. The result? Financial services leaders face mounting pressure to prove stronger oversight, move faster, and build confidence in their third‑party risk management (TPRM) programs.
These pressures are not theoretical. They are grounded in findings from the 2026 KPMG Global Third-Party Risk Management Survey, which gathered input from 851 senior leaders across 16 countries, including 165 respondents from the financial services sector, spanning banking, capital markets, and insurance.
Yet many organizations are asking the same questions:
- How do we keep pace with growing third-party complexity without slowing the business?
- Where should we invest limited TPRM budgets to achieve the greatest risk reduction?
- How can automation, data, and AI realistically strengthen TPRM outcomes?
The financial services insights from the report brings data-driven clarity to these challenges.
Dive into the survey findings:
Financial Services findings
Explore financial services industry findings, trends, and practical takeaways shaping the future of third‑party risk management.
Download the report2026 KPMG Global Third-Party Risk Management Survey
Dive deeper into the full global findings across all industries.
Download the full surveyAt-a-glance insights
Drawn directly from survey responses across the global financial services sector, the findings reveal several clear signals shaping the future of TPRM. Together, these findings point to a clear shift: financial services organizations are under pressure to modernize TPRM programs through stronger integration, better data, and more proactive risk management models.
When it comes to third-party risk, companies are chasing effectiveness, efficiency, and experience all at once. The challenge is making sure you’re not just ticking boxes for compliance, but building a process that’s resilient, scalable, and delivers real value for both your business and your vendors and partners.
Joey Gyengo
US Third-Party Risk Management Leader, KPMG LLP
What the survey reveals—and why it matters
The survey highlights how financial services organizations are responding to rising third‑party risk pressures—and where gaps are creating the greatest exposure. Stronger integration, better data, and faster risk response are now essential for effective third-party risk management in financial services.
Regulatory compliance, cyber risk, and data governance are accelerating TPRM transformation.
Fragmented ERM integration and performance monitoring gap.
Increased investment in cybersecurity, TPRM technology, audit readiness, managed services, and automation.
As third‑party ecosystems expand, these gaps are creating exposure to regulatory, operational, reputational, and financial risks..
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