Vendor Management

The more your financial institution outsources its work to vendors, the more regulatory, legal, consumer risk that you will be exposed to.  If you hire vendors, what is your process to risk rate the vendor and request appropriate documentation for the vendor from birth to death. 

Covered Topics:

  • Risk rating vendors
  • Director, executive and management staff rolls
  • Life cycle of a vendor 
  • Selecting a vendor
  • Signing a contract with a vendor
  • Exiting the vendor relationship
  • Vendor significance

Connection Error #D55. For immediate assistance, please use our online chat (lower right corner of this page).
The cost of subscription is determined by the asset size of your institution. In the case of holding companies or banks under common ownership, the aggregate asset size of participating banks determine the subscription tier.
   Non-bank or < 499M - $125 per month   
   $500M - 999M - $250 per month   
   $1 - 5B - $425 per month   
   $5 - 10B - $600 per month   
   > 10B - $850 per month