Beyond Compliance: The Advantages of Third-Party Risk Management

Venminder
November 21, 2023

Having a third-party risk management program allows you to meet regulatory compliance requirements, but did you know that it also brings your credit union several more strategic advantages? Often, third-party risk management is an undervalued function, but if your credit union can properly resource and empower your third-party risk management team then you’ll find out that the advantages are far greater than what you may think.

Download this infographic to learn how an effective third-party risk management program can improve your credit union.

Download to learn:

• How TPRM allows you to control costs, ensure quality, and deliver value
• The operational advantages that come from an effective TPRM program
• How to use the 13 day-to-day advantages at your credit union
• Why TPRM should not be an undervalued function in your credit union 

About Venminder

Venminder is an innovative, customer-motivated company that is mission-driven to help solve the many challenges organizations face when managing risks from outsourcing to third parties.

Venminder provides a dedicated platform to empower effective end-to-end lifecycle management and mitigation of third-party risks. Venminder creates long-term collaborative partnerships with their customers, providing implementation assistance, product and best practices training, ongoing support, access to expertise and more.