Magazine

Doing More With Less: What 2026 Third-Party Risk Management Trends Reveal About Efficient Risk Management

As third-party ecosystems continue to expand, risk teams are facing growing workloads without corresponding increases in resources. Drawing on findings from a joint CeFPro and ProcessUnity report, Kaitlyn Frank explores how organisations are modernising third-party risk management to address operational friction and improve efficiency. The article examines the challenges created by growing vendor portfolios, manual processes and resource constraints, while highlighting the role automation and AI can play in supporting evidence collection, assessment workflows and ongoing monitoring. The findings suggest that smarter processes, rather than larger teams, may hold the key to scaling TPRM effectively.