Drive transparency, accountability, and effectively monitor vendor‑related risks

Financial institutions employ vendors for a variety of reasons and are responsible for the risks undertaken on their behalf by them. Vendors become privy to sensitive systems and data which can leave a company vulnerable to regulatory fines and reputation damage.

Read the Solution Brief to learn the benefits of ServiceNow Vendor Risk Management for financial institutions and how a unified GRC program eliminates the need for multiple applications used to communicate with and assess vendors, while ensuring consistent process executions, workload management, and avenues of reporting.