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Evaluate New Core Providers With Successful Vendor Management

Independent Banker

Here are some helpful tips and discussion points to assist you in core vendor management: . Oftentimes conversations with prospective core providers will only be between the bank and the vendor’s sales representative. Make sure your team meets the team working behind-the-scenes, from the leadership team to the support managers.

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SVB: Early lessons for all financial institutions from Silicon Valley Bank’s failure

Abrigo

Stress testing & deposit strategies in the spotlight The failure of Silicon Valley Bank offers other financial institutions the chance to reassess their approaches to and management of interest rate risk, liquidity risk, and credit risk. Decide when to insure against risks, even though the best of times may have passed us already.

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