10 Arguments for Why Your Credit Union Needs Third-Party Risk Budget
With budget season approaching, it's time to ensure your credit union has sufficient budget allocated to third-party risk management. A good third-party risk program protects your institution and is also a valuable strategic asset, so you need proper resources to implement and complete everything that goes into it.
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.