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Bates Group Announces Partnership with Linda Tuck Chapman, Ontala Performance SolutionsBates Group, LLC, a leading financial services consulting firm, has announced a partnership with Ontala Performance Solutions, led by internationally-acclaimed expert Linda Tuck Chapman, to expand Bates' risk services to include the critical area of third-party risk management. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200604005073/en/ 
Bates Group, LLC, has announced a partnership with Ontala Performance Solutions, led by internationally-acclaimed expert Linda Tuck Chapman, to expand Bates' risk services to include the critical area of third-party risk management. (Photo: Business Wire) Linda Tuck Chapman is President, Ontala Performance Solutions Ltd.; creator and Faculty for "Certified Third Party Risk Management Professional (C3PRMP)," delivered in partnership with SIG University; and author of "Third Party Risk Management: Driving Enterprise Value." "Many companies have outstanding outsourcing capabilities but do not have strong third-party continuity, governance, and review plans," said Benjamin Pappas, Bates Group President. "Third-party issues represent a major risk for companies, their managers, and even their board members who may personally face fines or regulatory action. As a recognized financial sevices industry expert, Linda, in partnership with Bates, brings deep, actionable insight and exceptional expertise to clients in third-party risk management, governance, and optimization. The partnership is a perfect fit in expanding our risk portfolio and value to financial industry clients." Initially, the combined team will offer:
"Our strategic partnership brings a powerful blend of specialized expertise, hands-on experience, and outstanding practitioners to the market," said Tuck Chapman. "Managing third party relationships by criticality and risks has never been more important. The global crisis makes us hyper-aware that trust-worthy relationships are vital. Implementing an effective third-party risk management program will bring comfort that your decisions are risk-informed and resilient." "Despite - and because of - all that we are dealing with in business and the economy today, it has never been more critical for financial services firms to maintain best practices in the areas of anti-money laundering (AML) and financial crimes - across all relationships. Bates and Ontala bring expert recommendations, technical, and consulting services needed to survive and thrive in the financial services industry today," said Edward Longridge, Managing Director, Bates AML & Financial Crimes. For more information, visit https://www.batesgroup.com/service/third-party-risk-management, or call toll-free 1-888-960-2809. About Bates Group Bates Group (www.batesgroup.com) has been a trusted partner to our financial services clients and their counsel for over 30 years, delivering superior quality and results on a cost-effective basis. Voted a Best Securities Litigation Consulting Firm by readers of the New York Law Journal and an NYLJ Hall of Fame service provider, Bates Group provides solutions throughout the lifecycle of legal, regulatory, and compliance matters. With a roster of nearly 200 financial industry and regulatory compliance experts, Bates offers services in litigation consultation and testimony, regulatory enforcement and internal investigations, AML and financial crimes, risk management, forensic accounting, compliance, and damages consulting. Notes to Editors:
View source version on businesswire.com: https://www.businesswire.com/news/home/20200604005073/en/ |
