Beyond Compliance: The Advantages of Third-Party Risk Management
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
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.