Comply with Regulations
Avoid being hit with enforcement actions or large fines
Venminder software and vendor risk assessments are designed to meet the most strictest of industry regulations.
Regulatory agencies have issued guidance on third-party risk management. Even if your prudential regulator has not issued guidance recently, you need to keep an eye on the most recent and stringent guidance to meet those standards and follow the best-in-class practices to properly manage risk. Venminder will help to comply with these expectations more easily and effectively.
How Can We Help
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Determination of critical and high-risk vendors, as well as those with access to NPI/PII (non-public information/personally identifiable information)
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Establishment of minimum annual due diligence and control assessments required by regulatory guidance and industry best practices
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Drafting of an enforceable Third-Party Risk Management Policy and Program documentation
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Implementation of a Third-Party Risk Management framework based upon the Policy and Program, as well as the platform’s functionality
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Support the heavy lifting of onboarding each portfolio company’s vendors, contracts and corresponding documentation onto the Venminder platform
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Educational Resources

Infographics
Reporting VRM Activity to the Board
This complimentary toolkit includes reporting package templates and provides you with guidance on how to format vendor board reports.

Infographics
What to Do After a Vendor Management Exam
Do you know what steps to take after the vendor management exam concludes? This infographic breaks down the main areas that you should focus on.

eBooks
Unacceptable Vendor Due Diligence
Performing vendor due diligence is a regulatory requirement and sound business practice. This eBook helps you identify unacceptable vendor due diligence in 5 major reports.

Checklists
Third-Party Risk Management Audit Checklist
Use this checklist of things to help you manage and be sure you’re prepared when you hear the auditors are coming for a visit.
FREE SAMPLE ASSESSMENTS
Download samples of Venminder's Vendor Risk Assessments
The Venminder team completes nearly 30,000 vendor risk assessments annually. Download and evaluate some of Venminder's samples to see how we can take this heavy workload from your team's shoulders allowing them to focus on the important strategic decisions.

Ready to Get Started?
Schedule a personalized solution demonstration to see how Venminder can help you meet industry regulations.