The risk level of each of your bank's vendor determines the frequency and intensity of oversight required.
Venminder's Risk Assessment module can be added to our Venminder Core foundation module giving you the ability to assess and get risk ratings on all your vendors.
Key Features:
- Custom Templates: Templates provided or you can create your own custom templates
- Weighting: Weight your questions for the most accurate results
- Risk Rating Reports: Clear, concise and visually appealing risk rating reports to give to your Board and/or Examiners
- Unlimited Users: Allow your co-workers to contribute to any risk assessment
- Storage: All your risk rating history will be stored
- Reminders: We’ll automatically remind you when it’s time to re-evaluate
- Rate and Review Section: You can see how our other Venminder clients have risk rated your vendor
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