Software

Gain a 360-degree view of third-party risk by using our SaaS software to centralize, track, automate, assess and report on your vendors. 

Managed Services

Let us handle the manual labor of third-party risk management by collaborating with our experts to reduce the workload and mature your program. 

Overview
Document Collection
Policy/Program Template/Consulting
Virtual Vendor Management Office
Vendor Site Audit


Ongoing Monitoring

Let us handle the manual labor of third-party risk management by collaborating with our experts.

VX LP Sequence USE FOR CORPORATE SITE-thumb
Venminder Exchange

As Venminder completes assessments for clients on new vendors, they are then made available inside the Venminder Exchange for you to preview scores and purchase as you need.

CREATE FREE ACCOUNT

Use Cases

Learn more on how customers are using Venminder to transform their third-party risk management programs. 

Industries

Venminder is used by organizations of all sizes in all industries to mitigate vendor risk and streamline processes

Why Venminder

We focus on the needs of our customers by working closely and creating a collaborative partnership

1.7.2020-what-is-a-third-party-risk-assessment-FEATURED
Sample Vendor Risk Assessments

Venminder experts complete 30,000 vendor risk assessments annually. Download samples to see how outsourcing to Venminder can reduce your workload.

DOWNLOAD SAMPLES

About

Venminder is an industry recognized leader of third-party risk management solutions. 

Our Customers

900 organizations use Venminder today to proactively manage and mitigate vendor risks.

Get Engaged

We provide lots of ways for you to stay up-to-date on the latest best practices and trends.

Gartner 2020
Venminder received high scores in the Gartner Critical Capabilities for IT Vendor Risk Management Tools 2020 Report

READ REPORT

Resources

Trends, best practices and insights to keep you current in your knowledge of third-party risk.

Webinars

Earn CPE credit and stay current on the latest best practices and trends in third-party risk management.  

See Upcoming Webinars

On-Demand Webinars

 

Community

Join a free community dedicated to third-party risk professionals where you can network with your peers. 

Weekly Newsletter

Receive the popular Third Party Thursday newsletter into your inbox every Thursday with the latest and greatest updates.

Subscribe

 

Venminder Samples

Download samples of Venminder's vendor risk assessments and see how we can help reduce the workload. 

resource-whitepaper-state-of-third-party-risk-management-2021-cropped
State of Third-Party Risk Management 2021

Venminder’s State of Third-Party Risk Management 2021 survey provides insight into how organizations are managing third-party risk management in today’s increasing regulatory and risky climate.

DOWNLOAD NOW

podcast

Fundamentals of Business Continuity Planning within Vendor Management

CPE Credit Eligible

Keep business continuity in the forefront of your mind.

Business continuity planning (BCP) is important to you and your vendors. Listen to this podcast as we talk about the fundamentals and guide you through creating or reviewing BCPs - the appropriate regulatory guidance to follow, what to plan for, what to restore first and how to recover.

 

Podcast Transcript

vendor business continuity planningWelcome to this week’s Third Party Thursday! My name is Lisa-Mae Hill and I’m an Information Security Specialist here at Venminder.

Today, we’re going to talk a little about the fundamentals of business continuity planning (BCP). It affects you when your institution has a business impacting event as well as when your vendors do.

Like many topics, business continuity planning is a vast subject and there’s a lot of useful information out there. The FFIEC’s IT Handbook on Business Continuity is a great resource to see what examiners are looking for. Let’s briefly talk about a few of the basic concepts of business continuity planning.

  1. Know what you’re planning for. You’ll never know the specifics, but you should understand the possibilities and probabilities of business impacting events for you and your vendors. The formal process for this is a Business Impact Analysis. It’s how you should start your business continuity planning practice once you have the buy-in you need.

  2. Know what you should restore first. You’ll need to fully understand the risks you face from many factors, including contractual obligations and the monetary penalties that accompany them.

    Also, think about the loss of clients due to your services being unavailable. Even if you aren’t down long enough for clients to leave, what is your lost revenue from operational downtime? These numbers should also assist in your budget process for business continuity activities.

  3. Know how you’ll recover. There are many points here, such as:
    • Where you’ll recover to?
    • Who will manage the process?
    • What critical staff is required, and are they going to be willing and able to work?
    • What vendors will you need?
    • Who do you need to notify? Clients? Examiners? Other branches?

Tune in to future podcasts to learn more about business continuity planning and third parties. Again, I’m Lisa and thanks for tuning in to this week’s third party Thursday; if you haven’t already done so, please subscribe to our series.

38116-newsletter

Subscribe to our Third Party Thursday Newsletter

Receive weekly third-party risk management news, resources and more to your inbox.

 

New Call-to-action

Ready to Get Started?

Schedule a personalized solution demonstration to see how Venminder can transform your vendor risk management processes.

Request a Demo