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As a service provider we are seeing an increased need amongst financial institutions for solutions that help them manage third party risk and we see the legislation as a further driver for the need for automation.We will be providing an assessment module that will address the regulatory requirement for this regulation in a future product release. We would be very interested in discussing with you the work that we have done in building a common network utility for third party management that is currently in use in the United States. Please find attached PowerPoint that provides additional information. Please provide a contact with whom we may discuss further.
Richard Saville