Manage vendors with ease and confidence

Using a third-party vendor naturally subjects an institution to risk outside its control. That’s why FFIEC standards for vendor management have become a significant part of the IT regulatory examination. Scout manages the vendor environment in much the same way it tracks your internal risk activity and FFIEC information. Use Scout to:

• Rank vendor criticality, confidentially and performance.
• Schedule and be reminded of due diligence reviews based on identified risks and FFIEC guidelines.
• Attach supporting documents.

Scout makes it easy. In fact, what was once a long, cumbersome process takes just minutes. And Scout date stamps everything and shows who is responsible for every single activity.