Due Diligence and Ongoing Monitoring

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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

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    Credit Bureaus and Audit Companies

    By: Anonymous Member , 5 days ago

    This message was posted by a user wishing to remain anonymous Hi everyone-I'm curious whether your teams assess credit bureaus and auditing firms as part of your process. Thanks. More

    1 person likes this.
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    RE: Escrow and Title companies Due Diligence

    By: Anonymous Member , 26 days ago

    This message was posted by a user wishing to remain anonymous We include Escrow and Title Companies in our "in scope vendors". For ongoing due diligence we typically collect insurance only. More

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    RE: Escrow and Title companies Due Diligence

    By: Anonymous Member , 26 days ago

    This message was posted by a user wishing to remain anonymous Did you not recognize the title companies at all within your program? Maybe that was the issue that was trying to be addressed? We were trying at one point to maintain a file for each title ... More

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    RE: Escrow and Title companies Due Diligence

    By: Anonymous Member , 26 days ago

    This message was posted by a user wishing to remain anonymous You can take a risk-based approach and make the decision to scope Title companies out of your program and document your rationale. We have been on the fence about scoping them out and are ... More

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    RE: Escrow and Title companies Due Diligence

    By: Anonymous Member , 26 days ago

    This message was posted by a user wishing to remain anonymous Hello, We include our third parties like title companies is our vendor management due diligence. Based on our risk category and due diligence questions we will determine at what level ... More

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