Contract Management

Cheryl, Thanks for the note. I think we have exactly what that person is looking for. It's a course named Contract Issues and Risks. It defines what a contract is, differentiates between a contract and statement of work, covers the components of a contract as well as the terms and conditions that need to be included. It also reviews the risks institutions run into by omitting various clauses and the terms/conditions that are often overlooked. Price is $479.00. Here's the description:

Introduction

As the outsourcing of critical functions and services continues to increase, as technology becomes more complex and as vendor interdependencies continue to expand to 4^th and 5^th parties, additional emphasis needs to be placed on the importance of the contract to protect the institution as well as the vendor. However, we often find that there are many terms and conditions omitted from contracts that expose a financial institution to multiple dimensions of risk.

This course first defines the purpose of the contract, defines what a contract is, compares/contrasts a contract and statement of work, reviews the regulatory recommendations from all FFIEC agencies concerning contractual terms and conditions and then continues on to detail the issues and exposures that can result when the contractual bases aren't thoroughly covered. Terms and conditions that are often overlooked, yet expose the institution to risk and liability, and that should be included in contracts to better manage risk and protect the institution will be reviewed including:

• Financial Risk
• Compliance Risk
• Technology Risk
• Business Resilience
• Cyber Security

If you think that a Statement of Work is as good as a contract then you must take this course!

If you think that your vendor will take responsibility for its vendor relationships on its own (your 4th and 5th parties) then you must take this course!

If you haven't thought about the data format, data integrity and fees for getting your data back from your vendor at end of contract term them you must take this course!

If you haven't thought about requiring your vendor to comply with current and future regulatory requirements then you must take this course!

Here is his information:

Mick Kless, CRVPM V, C-VMPRA

 www.Compliance-Edu.com

a step ahead through higher learning

Cheryl, Thanks for the note. I think we have exactly what that person is looking for. It's a course named Contract Issues and Risks. It defines what a contract is, differentiates between a contract and statement of work, covers the components of a contract as well as the terms and conditions that need to be included. It also reviews the risks institutions run into by omitting various clauses and the terms/conditions that are often overlooked. Price is $479.00. Here's the description:

Introduction

As the outsourcing of critical functions and services continues to increase, as technology becomes more complex and as vendor interdependencies continue to expand to 4^th and 5^th parties, additional emphasis needs to be placed on the importance of the contract to protect the institution as well as the vendor. However, we often find that there are many terms and conditions omitted from contracts that expose a financial institution to multiple dimensions of risk.

This course first defines the purpose of the contract, defines what a contract is, compares/contrasts a contract and statement of work, reviews the regulatory recommendations from all FFIEC agencies concerning contractual terms and conditions and then continues on to detail the issues and exposures that can result when the contractual bases aren't thoroughly covered. Terms and conditions that are often overlooked, yet expose the institution to risk and liability, and that should be included in contracts to better manage risk and protect the institution will be reviewed including:

• Financial Risk
• Compliance Risk
• Technology Risk
• Business Resilience
• Cyber Security

If you think that a Statement of Work is as good as a contract then you must take this course!

If you think that your vendor will take responsibility for its vendor relationships on its own (your 4th and 5th parties) then you must take this course!

If you haven't thought about the data format, data integrity and fees for getting your data back from your vendor at end of contract term them you must take this course!

If you haven't thought about requiring your vendor to comply with current and future regulatory requirements then you must take this course!

Here is his information:

Mick Kless, CRVPM V, C-VMPRA

 www.Compliance-Edu.com

a step ahead through higher learning

Cheryl, Thanks for the note. I think we have exactly what that person is looking for. It's a course named Contract Issues and Risks. It defines what a contract is, differentiates between a contract and statement of work, covers the components of a contract as well as the terms and conditions that need to be included. It also reviews the risks institutions run into by omitting various clauses and the terms/conditions that are often overlooked. Price is $479.00. Here's the description:

Introduction

As the outsourcing of critical functions and services continues to increase, as technology becomes more complex and as vendor interdependencies continue to expand to 4^th and 5^th parties, additional emphasis needs to be placed on the importance of the contract to protect the institution as well as the vendor. However, we often find that there are many terms and conditions omitted from contracts that expose a financial institution to multiple dimensions of risk.

This course first defines the purpose of the contract, defines what a contract is, compares/contrasts a contract and statement of work, reviews the regulatory recommendations from all FFIEC agencies concerning contractual terms and conditions and then continues on to detail the issues and exposures that can result when the contractual bases aren't thoroughly covered. Terms and conditions that are often overlooked, yet expose the institution to risk and liability, and that should be included in contracts to better manage risk and protect the institution will be reviewed including:

• Financial Risk
• Compliance Risk
• Technology Risk
• Business Resilience
• Cyber Security

If you think that a Statement of Work is as good as a contract then you must take this course!

If you think that your vendor will take responsibility for its vendor relationships on its own (your 4th and 5th parties) then you must take this course!

If you haven't thought about the data format, data integrity and fees for getting your data back from your vendor at end of contract term them you must take this course!

If you haven't thought about requiring your vendor to comply with current and future regulatory requirements then you must take this course!

Here is his information:

Mick Kless, CRVPM V, C-VMPRA

 www.Compliance-Edu.com

a step ahead through higher learning

Hello, has anyone taken this contract training through Compliance-edu?  If so, was it helpful? 

Cheryl, Thanks for the note. I think we have exactly what that person is looking for. It's a course named Contract Issues and Risks. It defines what a contract is, differentiates between a contract and statement of work, covers the components of a contract as well as the terms and conditions that need to be included. It also reviews the risks institutions run into by omitting various clauses and the terms/conditions that are often overlooked. Price is $479.00. Here's the description:

Introduction

As the outsourcing of critical functions and services continues to increase, as technology becomes more complex and as vendor interdependencies continue to expand to 4^th and 5^th parties, additional emphasis needs to be placed on the importance of the contract to protect the institution as well as the vendor. However, we often find that there are many terms and conditions omitted from contracts that expose a financial institution to multiple dimensions of risk.

This course first defines the purpose of the contract, defines what a contract is, compares/contrasts a contract and statement of work, reviews the regulatory recommendations from all FFIEC agencies concerning contractual terms and conditions and then continues on to detail the issues and exposures that can result when the contractual bases aren't thoroughly covered. Terms and conditions that are often overlooked, yet expose the institution to risk and liability, and that should be included in contracts to better manage risk and protect the institution will be reviewed including:

• Financial Risk
• Compliance Risk
• Technology Risk
• Business Resilience
• Cyber Security

If you think that a Statement of Work is as good as a contract then you must take this course!

If you think that your vendor will take responsibility for its vendor relationships on its own (your 4th and 5th parties) then you must take this course!

If you haven't thought about the data format, data integrity and fees for getting your data back from your vendor at end of contract term them you must take this course!

If you haven't thought about requiring your vendor to comply with current and future regulatory requirements then you must take this course!

Here is his information:

Mick Kless, CRVPM V, C-VMPRA

 www.Compliance-Edu.com

a step ahead through higher learning