Wavelength Podcast Ep. 182: Third-Party Resiliency & Regulatory Pressure

Wei-Shen and Tony discuss third-party and vendor concentration risk.

Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.

To hear the full interview, listen in the player above, or you can download it.

This week, Tony and Wei-Shen talk about third-party resiliency and how systems are increasingly interconnected. They also look at how disruptive outages and vulnerabilities are to the industry and the implications on systemic risk. 




1:00 – Tony starts by talking about how new laws in Europe will require fintech firms to scrutinize their control frameworks to deal with system failures. 
3:30 – The challenge of understanding third-party and fourth-party vendor relationships. 
5:00 – They delve into the complexities of validating their relationships with third-party vendors, and beyond. 
7:00 – This is where the fight begins. How much will vendors push back on revealing potentially sensitive and proprietary information to the regulators? 
9:30 – If regulators are asking firms to adopt multi-vendor strategies, what are the cost implications? 
13:00 –Tony and Wei-Shen then talk about how it’s the small errors that lead to major blow-ups, and how monitoring that is a huge challenge.   
17:30 – They wrap up the podcast discussing their favorite Oscar-nominated films, who deserved to win, and what’s next on their watch list. 

Contact Info: 

As is the case with everything we do, we'd love to get some feedback from our listeners.

Wei-Shen Wong: + 852 3411 4758;  [email protected]

Anthony Malakian: + 1 646 490 3973; [email protected]

Past 10 episodes:

Episode 172: Buy-Side Trading & Automation

Episode 173: Hadoop, Data Warehousing

Episode 174: Previewing Waters USA

Episode 175: Tradeweb's Billy Hult

Episode 176: Data Hungry AI; Women in Data

Episode 177: Data Implications of 5G & IoT

Episode 178: MEMX's CEO & COO

Episode 179: Deepfakes and the Capital Markets

Episode 180: FactSet's Sara Dillon

Episode 181: M&A News; Limitations of AI

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: