Due Diligence and Ongoing Monitoring

 View Only

Welcome to the Due Diligence and Ongoing Monitoring Community. Here you will be able to network, collaborate, and see the latest discussions that can help you in this area. Note: You will need to Sign In to join in the discussions and access resources. 

About Due Diligence and Ongoing Monitoring: Whether you’re vetting a new vendor or following up on an existing vendor, performing due diligence is necessary to determine if a vendor is a good fit for your organization. Ongoing monitoring is a regulatory expectation, an overall sound business practice and can lead to discovering risk that would have otherwise gone unnoticed.

Latest Discussion Posts

  • Profile Picture

    RE: Credit Bureaus and Audit Companies

    By: Jennifer Watts , yesterday

    We assess both credit bureaus and auditing firms. ------------------------------ Jenn Watts ------------------------------ More

  • Profile Picture

    RE: Credit Bureaus and Audit Companies

    By: Tom Leonard , yesterday

    We absolutely include auditing firms, and they've been responsive to our questionnaires as well. More

  • Profile Picture

    RE: Mortgage company describes themselves as an investor and not a critical vendor.

    By: Anonymous Member , yesterday

    This message was posted by a user wishing to remain anonymous I've run into companies that don't have SOCs but not ones that won't share. Even if legally not mandatory, it's good business. If they won't share, it seems a red flag. This is your member ... More

  • Profile Picture

    Vendors SOC Auditor

    By: Rachel Kenyon , yesterday

    Good Morning, I am interested in gathering insights on how other organizations handle due diligence for third-party service auditors. While third-party providers select their own auditors and are responsible for vetting those auditors' reputations, ... More

  • Profile Picture

    Mortgage company describes themselves as an investor and not a critical vendor.

    By: Anonymous Member , 15 days ago

    This message was posted by a user wishing to remain anonymous I have recently been asked to vet out a Mortgage broker for the secondary market. When I asked for their due diligence documents, they replied with a certification document and financials. ... More

Polls

Most Active Users List