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Beyond the Tech: Why Third-Party Risk Demands Back-to-Basics Discipline
In a candid conversation at Risk Evolve, Cedric d'Albis of Rabobank dismantles the myth that technology alone can manage third-party risk. From hidden software dependencies to blind spots in supplier inventories, he reveals why mastering the basics - and knowing your full vendor stack - is more vital than ever in today’s AI-driven world.
May 14, 2025
Cedric D'albis
Cedric D'albis, Chief Auditor Innovation and Technology, Rabobank
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Tags: Vendor and Third Party Risk
The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization

In this insightful interview at Risk Evolve, Cedric d'Albis, Chief Auditor for Innovation and Technology at Rabobank, discusses the growing complexity of supply chains and the crucial importance of maintaining strong foundational controls in third-party risk management.

Dalbis warns that as digital ecosystems become more intricate, organizations often overlook the basics, such as maintaining an accurate inventory of third-, fourth-, and fifth-party suppliers, which is essential before introducing advanced risk technologies.

He advocates for a pragmatic approach where technology like AI and advanced analytics are used not as a silver bullet, but as tools to enhance existing, well-structured processes.

With the increase in cyber threats, especially through third-party vectors, Dalbis emphasizes the necessity of sound internal security hygiene and scenario planning that factors in supplier failures. Ultimately, he urges financial institutions to stop chasing tech fads and start with the fundamentals—good governance, transparency, and continuous vendor engagement.

Cedric D'albis Bio

Cédric is the Chief Auditor for Innovation and Technology at Rabobank and a board member of the Cloud Pooled Audit Group (CPAG). He started his career as a developer on equity derivatives trading desks in New York and London. He then joined the Security Services team of a web hosting company helping their customers implement secure web applications, ultimately becoming Security Architect. This led to a 20+ year career at the intersection of banking, risk and technology for organisation such as PwC and HSBC, where he was Head of Group Technology Audit. Cédric has a BA in Economics from the University of Chicago and a Masters in International Management from Thunderbird School of Global Management. In his spare time, Cédric enjoys skiing, hiking and eating raclette in the Alps with his wife, three children and their rescue dog Max.

Cedric D'albis
ellie dowsett Bio

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