Survey of financial services and financial technology companies reveals current processes and challenges faced in 2019.DOWNLOAD NOW
Clients love Venminder because the tools are user friendly and you have an entire firm behind you to manage the everyday risks associated with third parties.READ STORIES
Vendor management oversight is now recognized as a unique discipline which you can successfully outsourced.LEARN MORE
Centralize, automate, assess
and report on vendors
This 4-part series covers the 3 primary components essential to building an exam proof vendor risk management operation at your financial institution. Those 3 components are: Policy, Program & Procedures.
Part 1 of the series begins with a high level review of the vendor management umbrella and a brief description of the 3 components described above. The following parts break each component of the umbrella down in more detail.
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Think of vendor management as an umbrella. An umbrella has three important elements too. The canopy, the rod and the handle. Each plays an important role in ensuring you are covered during a downpour.