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Issues in Your Third-Party Risk Management Program and How to Manage Them

By Venminder
July 28, 2023

In third-party risk management, you need to identify, address and resolve any vendor issues in a timely manner. If you don’t have a plan for issue management, your credit union will be left trying to resolve problems on an as-needed basis, which can increase the potential for errors and likelihood of even greater risk.

Download this eBook to better understand the basics of issue management to improve your third-party risk management program. It covers both terminology and important concepts.

Download to learn:

  • The basic issues within third-party risk management
  • How to manage vendor issues
  • Regulatory guidance around issue management
  • Vendor issue metrics and reporting

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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.