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.
How a strategic alliance with Venminder benefits credit unions
The financial services market has the most prescriptive guidance for third-party risk management. The consequences of not meeting these regulations can be costly to a credit union. By partnering with Venminder, you can leverage the SaaS platform and/or risk assessments plus continuous monitoring tools, to create consistent processes in managing the third-party risk management lifecycle of your vendors.
Whether your credit union is just getting started with third-party risk management or has a mature program, Venminder’s team of experts employ a highly consultative approach to take your program where it needs to be.
Why choose Venminder
Venminder is recognized as a leader of third-party risk by industry analysts and receives the highest ratings within customer reviews among Gartner Peer Insights & G2. Today, over 1,200 organizations of all sizes and maturity are partnered with Venminder to drive process consistency and efficiency by reducing the overall due diligence workload and to gain valuable insight among the risks their third parties are posing to their organization.
- Build a sustainable program & processes that drive consistency: Purpose-built configurable software platform that centralizes "all things vendor" and allows your team to effectively collaborate together for program efficiency.
- Identify risks and reduce the workload: Streamline due diligence and avoid needing to add costly internal resources by leveraging Venminder's Control Assessments & monitoring solutions. Their team includes: Third Party Risk Advisors, Certified Information Systems Security Professional (CISSPs), CPAs, financial risk analysts, paralegals and more.
- Create a culture that drives industry best practices: Drive and support continued awareness of best-in-class third-party risk management practices through their library of educational content and training.
Connect with Venminder
Talk to one of our CUNA Strategic Services alliance managers to learn more about Venminder. We’ll help you identify and evaluate the best solution for your credit union.
Venminder has exclusive pricing and a white-glove onboarding program reserved for CUNA Strategic Services and the credit unions and leagues with whom we work.
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