Available on Demand
Duration: 1 Hour
Risk-scoring vendors. Conducting on-site audits. Negotiating and writing contracts that address all potential risks to a third-party relationship. The federal regulators’ recent new guidance on vendor management significantly raises the bar on banks’ dealings with technology companies and other providers.
View American Banker technology editor Penny Crosman and several vendor management and legal experts as they engage in an informative discussion.
This web seminar on demand will cover the following topics:
- How to assess and risk-score vendors
- Best practices in renewing and revisiting old agreements that may no longer be compliant
- How to negotiate and draft air-tight and compliant contracts
- How to handle vendor monitoring, audits, and other requirements that take manpower
***There will be a Q&A session at the end of the presentation.
Editor in Chief, Bank Technology News
Technology Editor, American Banker
Executive Vice President, Strategy Genesis10
Walter is the newly named Global Chief Procurement Officer for TSYS (as on June 1, 2014) responsible for third party procurement and risk management. Prior to TSYS, he was the Executive Vice President of Strategy for Genesis10, an IT staffing & consulting firm focusing on financial services. Walter was the COO of Pariter Solutions, an ACH Payments Processing system for Bank of America and Wells Fargo. Prior to Pariter, Walter was Bank of America’s Global Technology & Operations Sourcing Executive for Supply Chain Management. Before joining Bank of America, Walter was Managing Director – Finance & Supply Chain Technology and Profit Improvement at Delta Air Lines.
Mercedes Kelley Tunstall
Partner, Ballard Spahr LLP
Mercedes counsels clients on compliance with consumer financial services laws, including proscriptions against unfair, deceptive, and abusive practices as well as the investigations and proceedings of the Consumer Financial Protection Bureau created by the Dodd-Frank Wall Street Reform and Consumer Protection Act. She is also experienced with mobile and other e-commerce initiatives, privacy issues, and the delivery of financial services through social networking sites.