Small banks have a big compliance problem. Vendor Monitoring for Banks is the elephant in the room.
What is Vendor Compliance? A basic overview of vendor compliance for regulated and non-regulated businesses
Neighborhood Mortgage Solutions chooses Trust Exchange and Audit Link to manage their vendor compliance.
Diversified Members Credit Union, the official Credit Union of the Detroit Lions chooses Trust Exchange and Auditlink to manage their vendor compliance program.
Trust Exchange welcomes Frankenmuth Credit Union as a customer for our vendor compliance monitoring application.
We're in Orlando Florida this week attending the National Association of Credit Union Service Organizations annual meeting: NACUSO Network 17. We're here supporting our partner, Audit Link who uses the Trust Exchange platform to manage risk for Credit Unions.
Due to recent regulations Vendor Compliance and Vendor Management are pressing issues for Credit Unions of all sizes. With Audit Link, we've created a series of risk assessment and monitoring products that dramatically reduce the cost of managing a vendor compliance program and increase compliance readiness.
In creating the joint vendor management products, we made certain that the audit and monitoring products scaled up and down to support credit unions of all sizes. We have implemented this cost effectively for Credit Unions with a handful of vendors as well as those with hundreds of vendors.
If you're attending NACUSO and want to learn more, I'll be hanging in the exhibit hall with our partners at Audit Link and CUAnswers.