Venminder is an industry recognized leader of third-party risk management solutions. The Venminder platform provides a centralized location to execute a third-party risk management program. It enables users to store documentation, onboard a vendor, track contracts, manage SLAs, send and manage questionnaires, manage due diligence and oversight, complete risk assessments, create workflows, run reporting, order Control Assessments from the Venminder Exchange and more.
A centralized location to execute your third-party risk management program. Enables users to store documentation, onboard a vendor, track contracts, manage SLAs, send and manage questionnaires, manage due diligence and oversight, complete risk assessments, create workflows, run reporting and more.
Outsourced due diligence managed services and control assessments for high-risk and critical vendors.
Understand the effectiveness of your vendor's controls based on an assessment of your vendor's SOC reports. Venminder has a highly trained and qualified staff of security professionals who assess the vendor’s SOC reports and provide a comprehensive assessment regarding the vendor’s internal controls.
Understand what key information is accurate and current on your vendor. Venminder will research, collect, review and verify your vendor's key information and that it's all accurate and up to date. We provide a comprehensive package with a summarization of findings.
Take proactive steps to identify and mitigate potential areas of weakness. Venminder’s team of experts will provide you with an overview of your vendor’s cybersecurity posture. Your vendor’s cybersecurity documentation will have been requested and reviewed in order to verify your vendor has sufficient controls in place.
Have confidence your contracts are in compliance with industry regulations and standards. Venminder's team of experienced paralegals will assess your vendor contract top to bottom and produce a comprehensive report, deeply through 9-12 pages depending on the length and nature of the contract, calling out provisions that both you and the regulators will care about.
Risk assess your third party’s key information security risks to identify areas of possible weakness. Venminder’s Information Security and Privacy Assessment (ISPA) provides you with a comprehensive yet easy-to-understand risk assessment for vendors who impact your information security and data privacy posture.
Identify potential gaps at your vendor before they disrupt your business or impact your customers. Venminder’s team of security professionals can assess your vendor’s BC and DR documentation including plans, testing and recovery point and time objectives, resulting in a risk-rated vendor assessment.
Gain insight into your vendor’s overall financial health and viability. Venminder’s Financial Health Assessment is designed to help you determine just how viable your vendor is and to understand their ability to continue to deliver the product and services for which you have contracted (or plan to contract for).
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