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    Consultants

    By: Anonymous Member , 4 days ago
    Posted in: Risk Assessments

    This message was posted by a user wishing to remain anonymous Are your firms performing regular vendor risk assessments on consultant relationships? If so, are you using a more streamline version ...

    2 people like this.
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    RE: Vendor Document Collection Process

    By: Anonymous Member , 7 days ago
    Posted in: Due Diligence and Ongoing Monitoring

    This message was posted by a user wishing to remain anonymous Hi Desiree, My institution utilizes the external questionnaires using the Venminder template. We ask for COI, Business Licenses, ...

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    RE: Vendor Document Collection Process

    By: Desiree Lafever , 7 days ago
    Posted in: Due Diligence and Ongoing Monitoring

    Thank you for your insight Melissa! I have found the same for vendors changing their processes the next time we reach out to collect documents.

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    RE: Vendor Document Collection Process

    By: Melissa Madigan , 7 days ago
    Posted in: Due Diligence and Ongoing Monitoring

    Hi Desiree, Our process is much the same as yours- email the vendor contact or their due diligence email & request the documentation or utilize the online portals. There is no consistency with ...

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    What is a vendor?

    By: Anonymous Member , 18 days ago
    Posted in: Policy, Program and Procedures

    This message was posted by a user wishing to remain anonymous What is your definition of a vendor ? With an ever-growing list of vendors in our organization, I am attempting to create a ...

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    Card Network Providers - Vendor Program Scope

    By: Colleen Jewell-Suiter , one month ago
    Posted in: Due Diligence and Ongoing Monitoring

    We recently received an FFIEC examination report for one of the top card payment network providers from our federal regulator. Our current Vendor Management policy states payment card licensing ...

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    8 hours ago
    The due diligence you collect on a vendor is only as good as the analysis performed. Due diligence is one of the most critical activities in third-party risk management because let’s face it, your vendor isn’t going to openly divulge all their dirty laundry.

  • April 2021 Vendor Management News

    5 days ago
    Start off Spring by staying on top of vendor management news and resources. Find out what you missed and catch up on important information in this blog post.

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    6 days ago
    In the third-party risk management industry both business impact analysis (BIA) and risk analysis are a crucial part of evaluating our vendor’s business continuity management and disaster recovery programs.
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