Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Details about vendor risk management tool available
MADISON, Wis. (1/8/09)--More details are available about VendorTrack, a new CUNA Strategic Service (CSS), which will be the topic of several online demos this month and in February. VendorTrack is a Web-based vendor risk management solution offered by CSS and powered by TraceSecurity. It will be the focus of several webcasts offered Jan. 21, Feb. 4 and Feb. 18 at 1 p.m. CT. VendorTrack aims to help credit unions ensure that their third-party vendors comply with regulatory responsibilities and best practices when dealing with sensitive information. VendorTrack’s basic functionality is available to credit unions for free. VendorTrack will:
* Secure uploads and store data for documents such as policies, procedures, financials, SAS 70 and other due diligence information; * Create and maintain a list of current vendors and the importance of each relationship; * Upload third-party contracts and receive e-mail notifications to track contract dates; * Access vendor due diligence files that contain responses to CSS’ due diligence questionnaires, or due diligence files and information uploaded by credit unions; * Receive e-mail notifications for due diligence updates; * Offer a resource to prospect and compare potential new third-party relationships; and * Use other due diligence resource information including request for propoals, business plan and risk management updates.
Other Resources

RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
3 hours ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
4 hours ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
6 hours ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
6 hours ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
7 hours ago