State of Third-Party Risk Management 2024
By Venminder
February 26, 2024
Curious how your peers are managing third-party risk today? This whitepaper provides an in-depth overview of the third-party risk management industry’s current challenges, compliance drivers, trends, and recommendations based off analyzed results from an industry-wide survey.
Third-party risk management is becoming more urgent and essential for credit unions of all sizes. It's important to continuously identify, assess, manage, and monitor third-party risks, and using this whitepaper can help you benchmark against your peers to make informed improvements to your program.
Download the whitepaper to learn latest trends on topics such as:
- Organizational structure
- Program investment
- Vendor landscape
- Vendor risk assessments
- Vendor due diligence questionnaires and documentation requirements
- Third-party risk management metrics
- Regulatory focus and exam/audit results
- Third-party risk management pressures
- Emerging vendor risks (such as cybersecurity, artificial intelligence, ESG, supplier diversity)
- Third-party risk management challenges
- Third-party risk management ROI
- And much more!
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.