Vendor Due Diligence & Effective Vendor Management

Every time you use a critical vendor you are handing them the keys to your kingdom.  What could possibly go wrong?  Vendor management continues to be a high priority operational and regulatory issue because every financial institution entrusts some of its most sensitive information, financial resources, and core business processes to third-party vendors.  The explosion of virtual operations and remote services has introduced more opportunities, more vendors, and more risks into your processes.

From selecting the best available vendor to identifying and correcting performance issues, this presentation will examine the practical and regulatory requirements for managing third-party relationships and the operational details of creating an effective vendor management program.  Join us to gain valuable insight into the best practices of vendor management.