Vendor Business Continuity Plan and Test Results Review

How well prepared are your vendors for disasters and security incidents?

 

We’ve been helping banks and credit unions with business continuity plans and testing for more than a decade before the FFIEC Appendix J guidance. Now that the examiners have caught up to us, let us simplify compliance with the new Appendix J guidance.

Our Certified Business Continuity Consultants will review your vendors’ business continuity plans and their BCP test results, compare it to our gold standard criteria, calculate the risk score, roll them into our popular vendor risk scorecards and make actionable recommendations to improve your risk profile.

Key Features:

  • Proprietary scoring methodology that analyzes year over year vendor data center trends and 18 different recovery and incident response criteria
  • Includes recommendations to reduce vendor business continuity risk exposure
  • Above and beyond. Our business continuity planning consultants can also help update your BCP plans based on weaknesses in your vendors’ plans and test your bank or credit unions BCP plans.
  • Examiner-approved. Our business continuity plan and test results review, scoring process and risk scorecards have been approved by every regulatory agency.

Learn More About Our Vendor Due Diligence Document Collection Services

Schedule a time to talk with one of our Vendor Management Consultants

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So, What Makes Us Different?

DO IT FOR ME

Let us gather and review your vendors’ business continuity reports, so you can focus your time on making the best business decisions  from our recommendations.

PENETRATING VENDOR INSIGHTS

We are in the vendor evaluation business, so we are evaluating all aspects of the major vendors every day. Not only do we review vendor financials and attend vendor earnings calls, but we meet with vendor executives  every Friday to get product, company  and security updates.  We track vendor wins and losses, monitor changes in market share, evaluate their products and know about problems before they’re public.

VENDOR INDEPENDENT

Many competing vendor management software and services are actually resold by your moderate to high risk vendors .

This means they will only share publicly available information. We on the other hand are Gonzo and share non-public vendor dirt every day, all day.

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