Venminder offers ICBA community banks a centralized approach to third-party risk management, complete with searchable library of control assessments and access to subject-matter experts and educational resources.
ICBA and Venminder worked together to establish tangible benefits to ICBA members through a discount and special offers. To make the move to automate and streamline your third-party risk management program and for further information on these offers, you can email info@venminder.com
In partnership with ICBA, Venminder offers:
platform discount to all ICBA members
Control Assessment for all
ICBA Bancard customers
Venminder is helping hundreds of banks and other organizations manage vendor risk. Whether you're just getting started or have a mature program, we can help you drive efficiency and protect your bank. Our solutions are scalable so our clients range in size from $20M to $200B.
clients are partnered with Venminder to manage third-party risk management
of banks say that third-party risk management is getting more scrutiny by the regulators
Venminder’s platform provides a centralized location to execute a third-party risk management program. It enables your users to store documentation, onboard a vendor, track contracts, manage SLAs, send and manage questionnaires, manage due diligence and oversight, complete risk assessments, create workflows, run reporting and more.
Control Assessments performed by Venminder’s qualified experts, including CISSPs, CPAs, financial risk analysts, paralegals and more, are readily available in the Venminder Exchange library. The assessments enable clients to identify possible risks and understand areas of strength on their vendors’ information security and privacy standards, SOC reports, financial viability, business continuity/disaster recovery preparedness, contractual standards, regulatory compliance and more.
Venminder is renowned for having excellent customer support and providing extraordinary customer experiences. We focus on the needs of clients by working closely and creating a collaborative partnership, providing product training, implementation assistance, ongoing support, access to subject matter experts, best practice recommendations and educational resources.
We believe that your success is our success.
The COVID-19 pandemic impacted and reshaped many vendors businesses and there has since been a tsunami workload. Your bank will need to optimize your vendor management approach as critical and high-risk vendors will require more due diligence, review and monitoring than ever before.
Venminder is committed to helping to educate bankers on the best way to manage vendors and mitigate risk. ICBA and Venminder will regularly bring you the latest information available on third-party risk management best practices, and you can also access the following resources at your leisure:
Simply fill out the form below to register for a demo.