Home

Latest Discussions

  • Profile Picture

    RE: Due Diligence on External Financial Auditor

    By: Brian Bowen , 24 minutes ago
    Posted in: Due Diligence and Ongoing Monitoring

    We would typically ask for Financials, Certificate of Liability Insurance and a copy of their most recent Peer Review Letter from external financial auditors.

  • Profile Picture

    Due Diligence on External Financial Auditor

    By: Anonymous Member , 30 minutes ago
    Posted in: Due Diligence and Ongoing Monitoring

    This message was posted by a user wishing to remain anonymous We are in the process of submitting a board required RFP for our external financial auditor. What type of due diligence documentation ...

  • Profile Picture

    RE: Out of Scope

    By: Mark Ewert , 4 hours ago
    Posted in: Policy, Program and Procedures

    Every organization will have its own list of entities excluded from its definition of vendor or excluded from the vendor management process. Some on the list will be unique to the organization's ...

  • Profile Picture

    RE: Out of Scope

    By: Joe Ciccone , 9 hours ago
    Posted in: Policy, Program and Procedures

    Venminder has published some guidance on this topic which I've found helpful: https://www.venminder.com/blog/out-of-scope-third-parties https://www.venminder.com/library/determine-in-out-s ...

Upcoming Webinars

Trending Discussions

  • Profile Picture

    Reviewing 3rd Party Attestation reports

    By: Anonymous Member , 13 days ago
    Posted in: Due Diligence and Ongoing Monitoring

    This message was posted by a user wishing to remain anonymous Looking for some assistance on how to review our 3rd party's reports, SOC reports for example. Is there a checklist or similar that ...

  • Profile Picture

    BCP Testing Results- Are you referencing the Pandemic or testing as usual for your credit union?

    By: Mark Klemann , one month ago
    Posted in: Exams or Audits

    I realize this is a VM blog but i'm hoping some of you also manage BCP for your credit union and are willing to share some info. I'm curious how you have/will approach testing of business functions ...

Most Recent Announcements

  • Seeking Your Input - Annual TPRM Survey!

    By: Brittany Padgett Brittany Padgett , 6 months ago
    Hi Community Members, We’re looking for your valuable input! Venminder is conducting their annual survey for the State of Third-Party Risk Management 2021 whitepaper and we’re hoping you may have 5 minutes to spare to help out and take the survey. The complimentary whitepaper will be released in early January and will provide you with industry trends and data that you can use to compare your own ... More

  • Community Update - 1,000 Members

    By: Brittany Padgett Brittany Padgett , 10 months ago
    Hi Everyone, I want to share some very exciting news with you all. We have reached 1,000 community members! This is a milestone we’re very proud of and it’s all thanks to the fantastic third-party risk conversations you all are having every day. As always, please let me know if you have any thoughts or feedback on ways that we can improve the community. In the meantime, here are some links ... More

Communities Built For You

community-icon1.png

Topic Communities

Join a community dedicated to an area of third party risk including contracts, infosec, risk assessments, policies and more.

 

community-icon2.png
Special Interest Communities

Network with others who are running very mature or complex programs at their organizations that require a unique way of thinking. 

community-icon3.png
Product Communities

Meet, connect and network with other users using the same third party risk tool as you - get support and share new ideas and best practices.

Learning Center

community-icon1.png

Resources Library

Download the latest guides, infographics, samples, whitepapers, checklists and more that can help guide you through best practices on third party risk.

Visit Resources

community-icon2.png
Live Webinars

Register and join live webinars to learn current trends and best practices from knowledgeable experts. Free CPE eligible webinars.

Register Now

community-icon3.png
Venminder Academy

Coming in 2020! Don't miss out - make sure to sign up to our notification list and be one of the first to know about our self-paced eLearning courses.

Get Notified

Learn more about the Third Party ThinkTank Community

learnmore-image-300.png

The professionals who take on the job of third party risk ensure the right steps are taken to protect their organizations from vendor risks and avoid costly regulatory enforcement actions. While risk comes in many forms - a good third party risk management program can help address financial, reputation, credit, operational risk and much more during the business lifecycle. 

This dedicated and free community is open to those involved in or running third party risk management programs at their organization. Inside you have the opportunity to network, share stories, ask questions, give advice and gain access to a vast library of educational content, webinars and training opportunities. 

Learn More   GETTING STARTED

Most Active Members

Latest Articles

  • Top 10 Questions in Vendor Cybersecurity Questionnaires

    9 hours ago
    When creating a vendor questionnaire or reviewing a questionnaire completed by a vendor, it’s essential to ask the right questions so you can fully understand the vendor’s cybersecurity environment. Use the following 10 questions to make sure you're providing and receiving the most important cybersecurity information from your vendors.

  • June 2021 Vendor Management News

    5 days ago
    Reading up on latest vendor management news can only help your third-party risk management program We're here to make it easier than ever! Below we've listed articles that we recommend checking out.

  • What Is Vendor Operational Risk?

    6 days ago
    In the world of vendor risk management, there are several categories of vendor risk to consider, such as strategic, compliance, cyber, financial, reputational and more. Today, we will focus on vendor operational risk and highlight some of the issues that can arise if this risk isn’t managed appropriately. First, we should define operational risk as the risks an organization faces while running its day-to-day business activities. Operational risk typically reflects the failure of processes, procedures, people and systems. Furthermore, operational risk has two dimensions, internal and external.
View More