CanDeal looks to simplify third-party risk management
Six-bank vendor due diligence utility seeks international reach
Canadian fixed income trading platform CanDeal is launching a vendor due diligence service that will initially serve the six largest domestic banks, but could be expanded globally in the future.
The new utility, built to service BMO, CIBC, National Bank of Canada, RBC, Scotiabank and TD Bank, aims to streamline third-party risk management and regulatory compliance.
Jayson Horner, chief executive
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