Today’s Board Essentials Module 8: Technology & Vendor Management

Compliance Directors Human Resources Senior Management

Community banks are increasingly partnering with technology service providers to offer additional products and services to their customers.

However, there are many risks associated with technology outsourcing and regulators expect banks to have certain processes and procedures in place when partnering with these technology service providers, including appropriate due diligence, required information gathering, and appropriate service contract provisions. Learn about recent regulatory guidance as well as actions your bank should take when partnering with a technology service provider.

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