Podcast: Could vendor management benefit your institution?

Customers across industries want faster, easier access to services. In the financial services industry, using third-party vendors helps you meet those expectations, but vendor management can be challenging. How can you ensure that your institution is getting the most benefit without taking on too much risk?

In this episode of Bank on Wipfli, we discuss how financial institutions can approach vendor management and why outsourcing management is worth considering.

Our special guest for this episode is Kelly Flynn, the national director of JMFA. Join Flynn and Wipfli senior managers Karen Mitchell and Robert Zondag as they help you answer:

• What is the current state of vendor management for financial institutions?
• When should a financial institution consider outsourcing vendor management?
• What are the benefits of having someone look over vendor management?

Read on:

• Check your vendor management program for fourth-party risk
• Vendor risk management for financial institutions
• How data can strengthen your financial institution