CSI Vendor Evaluation
CSI's High-Risk Vendor Evaluation service helps you gain a better view of your vendors’ internal IT processes, by providing a clearer picture of the controls they have in place and any elements that may require attention—all to help prevent jeopardizing your reputation.
Because why should you have a system in place to maintain your customers’ confidentiality, but not your vendors'? Their mistakes are a direct reflection on you, so it’s your responsibility to ensure they’re held to the highest security standards.
Our Bank Vendor Management Service
Many institutions rely on third-party relationships as a strategic way to expand bandwidth and broaden services. But when you add vendors, you add risk.
CSI Regulatory Compliance compliance experts conduct a thorough vendor due diligence audit in a multi-step process that:
- Evaluates the vendor's SSAE16/SOC documentation and/or other relevant control evaluation information
- Assists with identifying the risk level for each vendor
- Prepares a report of findings for you
Keep your institution safe and make sure your vendors are compliant with regulations using CSI's third-party risk management for banks. Contact us now to find out how our bank vendor evaluation software can protect your company from being blamed for others’ catastrophes.