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Industries

Venminder offers the leading third party risk management software and services that enables organizations of all sizes to mitigate vendor risk and streamline processes

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Over 650 clients across a wide variety of industries all trust Venminder as their third party risk management partner

Why Venminder

Heavily Regulated Industries

Venminder’s team have in particular extensive expertise within the following financial services industries that have some of the strictest regulations outlined on what is expected when managing third parties.

Failure to meet these regulations can have huge consequences including bad exams, enforcement actions, large fines and more.

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A Business Best Practice

Regardless of regulations, third party risk management today is simply a best practice.

By failing to monitor your vendors you could be putting your organization at a huge risk, with reputational risk that can cause brand damage and loss of customers being the most impactful.

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Customer Success Stories

Venminder Customer - Flushing Bank

Achieves Well-Organized and Successful Vendor Risk Management Program with Venminder

Flushing Bank had a strong need for transparency throughout their vendor risk management program but were finding it difficult to achieve this using a module inside an Enterprise Risk Management (ERM).

First Tech Credit Union - Venminder Customer

Streamlined Vendor Risk Management Exceeds Third Party Risk Requirements

With over $8.6 billion in assets, First Tech Federal Credit Union is one of the ten largest credit unions in the United States, serving more than 425,000 members nationwide.

Meriwest Credit Union - Venminder Customer

Branches Consolidated Vendors and Realized Cost Savings

Competing priorities, lack of time and personnel, and a file cabinet full of contracts across all branches made vendor risk management overwhelming.

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