Vendor Risk Management
Vendor Risk Management for Banks and Credit Unions
Automated third-party risk oversight — aligned to FFIEC guidance and examiner expectations.
Book a DemoThird-Party Risk Is Your Risk
FFIEC, NCUA, and FDIC examiners hold financial institutions accountable for the security practices of their vendors and service providers. A breach at a third party is a regulatory event for your institution.
Trumbull automates vendor risk management — from initial due diligence through ongoing monitoring — producing the documentation examiners expect without the manual overhead.
The Vendor Risk Management Lifecycle
Vendor Inventory and Classification
Automated inventory of all third-party relationships, classified by criticality, data access, and regulatory significance.
Due Diligence Documentation
Standardized due diligence questionnaires, SOC 2 report tracking, and security assessment documentation for each vendor.
Contract Review Support
Review of vendor contracts for required security provisions — data protection, breach notification, audit rights, and business continuity.
Ongoing Monitoring
Continuous monitoring of critical vendors for security incidents, financial stability changes, and compliance posture updates.
Annual Review and Renewal
Automated annual review cycle with updated due diligence, risk rescoring, and documented board reporting.
Regulatory Alignment
Automate Your Vendor Risk Program
See how Trumbull manages third-party risk for your institution — continuously and with examiner-ready documentation.
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