There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
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There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
In this interview, Venminder's Hilary Jewhurst is joined by Barb Lowman, President at CUNA Strategic Services and Idrees Rafiq Jr, Information Security & Risk Management Consulting, Vice President at Cornerstone Resources to discuss the effects that fintech organizations have on credit unions.
Third-Party Risk Education
There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
