Trust Exchange is a “network effect” solution where both all participants can securely share key information required to meet regulatory obligations. This unique solution enables financial institutions of all sizes to to greatly reduce their costs while increasing compliance readiness, especially for complex compliance problems such as third party management. By leveraging Trust Exchange, LID CU’s can gain an advantage, automate this key compliance issue and enable it’s team to focus on their members.
Join us on Thursday February 28th at 12 Noon EST as we study the true cost of vendor management. During this webinar, we will take a look at the tactical costs of interacting and transacting with Third Parties as well as make a case to consider a well designed vendor management program a valuable asset.
Topics to be covered:
Definition of Vendor/Third Party
Vendor On-Boarding Best Practices
Vendor Monitoring Policies
Results of Trust Exchange Vendor Management Cost Study
Analysis of Results and ROI
Impact of Collaboration..Value Creation
This will be following by a Question and Answer session. Additionally, we may be joined by an industry expect to share their experience. Don’t miss this one!
The digital transformation of compliance has begun. The emergence of technologies such as cloud computing, artificial intelligence, crowdsourcing and block chain have accelerated the pace of dematerialization in industry.
Trust Exchange is a social network designed to allow the free flow of real-time information between businesses. The Company’s technology-enabled platform allows businesses of all sizes and in all industries to connect, exchange and monitor up to the minute, mission-critical business information.
Trust Exchange is offering a free third party risk management check up for companies in all industries and of all sizes including: banking, credit unions, pharma, healthcare and municipalities.
Trust Exchange and Strategic Risk Advisors partner to provide a vendor risk management solution for banks.