Transform third-party risk management with scalable solutions

Contact ICBA Bancard
Tel: 800-242-4770
Email: bancard@icba.org

Venminder’s Third-Party Risk Management Services

Venminder LogoVenminder is an industry recognized leader of third-party risk management solutions. Dedicated to third-party risk, the company is the go-to partner for software, high-quality assessments on vendor controls, certified subject-matter expertise and education.

Its 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 and more.

Assessments performed by Venminder’s qualified experts, including CISSPs, CPAs, financial risk analysts, paralegals and more, are readily available in an online library. The assessments enable clients to identify possible risks and understand areas of strength on their vendors’ information security and privacy standards, SOC reports, financial viability, business continuity/disaster recovery preparedness, contractual standards, regulatory compliance and more.

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Venminder is an ICBA Preferred Service Provider (PSP). ICBA has an established due-diligence process designed to ensure that all PSPs are dedicated to the community banking industry, have national distribution ability, sound financials, and offer unique value to ICBA members.

In addition to the inherent value of the service, each Preferred Service Provider provides a tangible benefit to ICBA members through a discount, dividend, or educational offering not available to non-members. All ICBA members receive 10% off the Venminder software fees.

Venminder also has a relationship with ICBA Bancard which allows Bancard clients to receive additional benefits.


ICBA Bancard Client Benefits

Clients of ICBA Bancard who sign a term contract with Venminder will be awarded one free service annually for each year of their contract and can choose from the available services listed below.


Item


Quantity


Retail Price


Discounted Price

Vendor Vetting Package

1

$350 per Analysis

Free

Vendor Vetting Package - Closing Agent

1

$350 per Analysis

Free

Document Collection

1

$200 per Vendor

Free

Vendor Financial Health Analysis

1

$275 per Analysis

Free

SOC Analysis

1

$375 per SOC Analysis

Free

Business Continuity and Disaster Recovery Analysis

1

$375 per BCP Analysis

Free

Contract Compliance Review

1

$500 per Review

Free

Regulatory Compliance and Operational Analysis

1

$450 per Analysis

Free

Point-In-Time Cybersecurity Analysis

1

$395 per Analysis

Free

CAIQ Assessment - Option 1 Standard

1

$375 per Analysis

Free

Ongoing Cybersecurity Monitoring-One Time Only Report

1

$395 per Vendor

Free

Get Started with
Venminder Vendor Risk Management Services

Visit the ICBA Preferred Service Provider site for additional information.