Negotiating Vendor Contracts: Key Provisions, Market Terms & Due Diligence

Understanding the regulatory standards related to vendor relationships and contracts is critical when negotiating contracts with third-party service providers. Financial institutions are held accountable not only for their own operations, but also for the actions and controls of their vendors – especially those handling sensitive data, accountholder interactions, or core banking functions. This webinar will cover key contract provisions and negotiating strategies to protect against regulatory violations, data breaches, downtime, etc. It will also address how to prepare a request for proposal (RFP) that can be used when seeking new services from a third party.

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