$5.9 million
is the average cost of a financial industry data breach
Gain a 360-degree view of third-party risk by using our SaaS software to centralize, track, automate, assess and report on your vendors.
Venminder's team of experts can review vendor controls and provide the following risk assessments.
Let us handle the manual labor of third-party risk management by collaborating with our experts to reduce the workload and mature your program.
Overview
Document Collection
Policy/Program Template/Consulting
Virtual Vendor Management Office
Vendor Site Audit
Let us handle the manual labor of third-party risk management by collaborating with our experts.
Learn more on how customers are using Venminder to transform their third-party risk management programs.
Venminder is used by organizations of all sizes in all industries to mitigate vendor risk and streamline processes
We focus on the needs of our customers by working closely and creating a collaborative partnership
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Download samples of Venminder's vendor risk assessments and see how we can help reduce the workload.
Credit unions are required by the NCUA to identify, assess, and mitigate third-party vendor risks. Cyberattacks on credit unions and their third-party vendors are also increasing, so it’s crucial to protect members’ sensitive information, especially when it’s in the hands of a third party.
is the average cost of a financial industry data breach
Members were victims of a third-party data breach at a credit union
of credit union vendors may have critical system vulnerabilities
Managing vendor relationships is easy with Venminder! We provide access to qualified subject matter experts in many risk domains, allowing for accurate vendor risk reviews. Save hours of costly administrative work with Venminder’s automated reminders and emails, generated reports, document collection services, and risk assessments.
Streamline due diligence and free up internal resources with Venminder's Control Assessments. Through Vendiligence™, order new or search for pre-completed assessments.
Venminder's automations help send emails and questionnaires, assign the right risk assessment tasks to the right task owner, and generative reports.
As regulators scrutinize third-party risk management practices, it's important to have consistent practices with every vendor. With Venminder, you can build processes that can easily apply to each vendor relationship.
With Venminder, you have access to many experts across various vendor risk domains, like information security, finance, and business continuity. These experts can review documentation and provide qualified opinions.
The credit union needed to meet third-party risk management regulatory requirements with automation and risk ratings. They now use Venminder's assistance on financial analyses, risk grades, and reviewing vendor credentials. Read how Venminder has helped.
Schedule a personalized solution demonstration to see how Venminder can improve your processes.