$975,000
fine after a securities firm failed to supervise third-party trades
While the SEC recognizes the value of third parties, brokerage and securities firms are expected to have robust third-party risk management programs and processes.
You can outsource the product or service, but you can’t outsource the responsibility. It’s crucial to protect sensitive customer information and guard against any third-party corruption. With the right tools, managing third-party risks can be a simplified process.
fine after a securities firm failed to supervise third-party trades
is how long an asset management firm's systems were down after a third-party cyberattack
people were impacted by a third-party data breach
Stay on top of your third parties’ compliance with Venminder. It’s easy to manage and monitor third parties with a centralized tool
that offers risk assessments, automated reminders, emails, and workflows, and access to subject matter experts in multiple risk domains.
Comprehensive risk rating analyses allow a risk-based approach to third-party risk management that saves time and resources.
Qualified and certified third-party risk experts can help review due diligence documentation and provide recommended risk ratings. This includes CISSPs, CPAs, paralegals, and more.
Learn MoreAs third-party risk changes changes, it's important to constantly stay alert. Continuously monitoring third parties is easy with Venminder's integrated and vetted providers that offer powerful risk data insights.
Learn MoreWith so many tasks to accomplish in third-party risk management, lessen the workload with automated tasks like sending emails and questionnaires and automated alerts.
Organizations have more efficient processes, saved time, consistent contract management, and experienced other benefits with Venminder. Hear first hand how Venminder has transformed organizations' third-party risk management.
Completed assessments can be searched, previewed and ordered directly from the Venminder Exchange
Schedule a personalized solution demonstration to see how Venminder can improve your processes.