Jim Pitts, Project Manager, BITS to Speak at KC’s Mitigating Outsourcing Risks in Banking and Finance: How to Manage Vendors Live Webcast

New York, NY, January 07, 2012 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Jim Pitts, Project Manager, BITS will speak at the Knowledge Congress’ webcast entitled: “Mitigating Outsourcing Risks in Banking and Finance: How to Manage Vendors.” This event is scheduled for Thursday, March 1, 2012 from 12:00pm – 2:00pm (ET).

For further details, please visit:
http://www.knowledgecongress.org/event_2012_Managing_Vendors.html

Event Synopsis:

Over the years, banks and financial institutions have come to rely upon outsourcing partners as a means to lower costs while increasing operational effectiveness. However, there have been a number of recent security breaches among well-known companies highlighting the need for new vendor management policies. The Knowledge Group has assembled a panel of key regulators and thought leaders to help banks and financial institutions manage their outsourcing risks. Speakers will also provide valuable information regarding significant issues in the mix including:

‒ Making Vendors Work for You
‒ The Risks Associated with Outsourcing
‒ Elements in Outsourcing Risk Management Process
‒ Vendor Assessment
‒ Formulating an Effective Vendor Management Program
‒ Outsourcing Best Practices
‒ And Answers to Questions Submitted by You

About Jim Pitts

Jim Pitts facilitates research and development activities within the BITS Project Management Office. He came to BITS in March 2010 to manage technology centric projects, special interest groups, and other initiatives. Just prior, he worked with the Financial Services Technology Consortium (FSTC) for several years as the managing executive of the Payments Standing Committee. Jim was with EDS for 25 years working in multiple executive operations positions within their financial and insurance group, and finally as division president of U.S payment services. He is also the author and producer of the "Surfing Payment Channels" book series focused on emerging payments technology along with associated security and fraud issues. Jim is a native of Dallas, Texas, where he earned a BBA from Southern Methodist University with emphasis in Management Science and Organizational Behavior.

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.

The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website: www.knowledgecongress.org.

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