Contract risk and legal assessments > tier-based approaches

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      Mary Zampino
      Keymaster

      You or someone on your team may be able to assist with this inquiry. If you do, please take a moment to help a fellow community member and practitioner. You may need their help one day, too!

       

      A SIG Buy-Side Member from the finance and insurance industry is seeking guidance or examples of how organizations have implemented a tier-based approach to contract risk and legal assessments.

      For example, classifications of low, medium, and high for situations such as:

      • no data interchange – example – publication / subscriptions  = Low Risk
      • use of company internet to log into industry forums = Low Risk
      • Single Sign On to interactive reporting / software application where data is exchanged  = High Risk

      Please post here with your insights, examples, or resources. Thank you in advance.

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