Reports to Maintain for Your Third-Party Risk Program
By Venminder
August 11, 2023
To help stakeholders, such as risk committees, senior leadership, and the board of directors with their decision making, it’s necessary to have certain third-party risk management reports available. It might be difficult to know what kinds of reports would be helpful and how to create them.
This infographic covers six potential reports to create and maintain along with what data to collect, the purpose, and how to get started for each so that your credit union’s stakeholders drive action in your third-party risk management program.
Download to learn:
- How to develop and maintain six types of third-party risk management reports
- What data should be included in the reports
- How to get started, as well as the purpose of each report
- Tips on what to be aware of
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.