TOPIC: Vendors

Vendor Experiences

Director at a Company (USA)
Originally Posted by Jim Handley, Sr. Com/Ag Lender of Sunlight, on 16 Jun 2018, to CBANC FI Professionals Community.

I'm a Commercial Banker who has switched over to a credit union. I'm working on up grading the Credit Union's loan department to full service AG, Commercial, Mortgage and Consumer offerings. Additionally we are wanting to make our products available on-line. In order to get this set up I'm looking to bring in a new vendor for Doc's, Administration and Underwriting support. I prefer one stop shopping if possible but I would mix and match vendors if that provided the best solution.Finastra (Laser Pro & Mortgage Bot) and Wolters Kluwer (Compliance One & CASH) are leading the pack right now. We are running CUnify on Fiserv.Does anyone have any experience with using either of these vendors on the core system we have in place?Any feedback or advice , good, bad or indifferent is appreciated. Thanks

    mRDC with Bluepoint, Fiserv DNA, Q2

    Manager at a credit_union ($611MUSA)
    We are currently looking at switching our mRDC vendor, but are trying to figure out if we will benefit from this or if we should just stay with bluepoint. We are also in the process of core shopping and looking at Fiserv-DNA. 
    Is anyone currently on Fiserv DNA and uses bluepoint for mRDC? If so, could we set up a call to discuss pros and cons you have found.

    Thank you,

      Accounts Payable Software

      SVP at a bank ($285MUSA)
      We currently use BankTel; however the current program is at end of life at the end of this year.  They are requiring us to switch and will charge implementation fee as well as raise monthly fee.  We use CSI and need to interface with them.  Are there other vendors that anyone is aware of?

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            April Webinar - The Three-Legged Stool of Privacy, Data Security and Vendor Management

            You are invited to our April webinar about managing your privacy, data security and vendor management. Register for free today! If you are not able to make it to the live event, the recording will be available for download afterwards.
            Your financial institution is doing everything it can to protect consumer data, but what about your third-party vendors? With cyber breaches on the rise and a confusing patchwork of state, federal, and international privacy laws to contend with, it’s essential to have a game plan for managing privacy, data security, and vendor management at an enterprise level.

            This webinar will dive into best practices and strategies for managing and mitigating the risk of third-party vendors exposing your sensitive data. You’ll learn:

            • How data security/privacy regulations including Regulation P, GDPR, and state laws (including California and New York) impact GLBA-protected data, your institution, and your vendors
            • The biggest third-party security pitfalls
            • Strategies, processes, and safeguards for reducing third-party privacy breach risk
            • Proactive steps employees and departments can take to reduce the risk of a vendor privacy breach
            • Case studies and contingency plans for handling vendor data breaches
            It only takes one data incident to damage your financial institution’s reputation. Join us as we delve into the intersection of privacy, data security, and vendor management and highlight ways to help protect and manage vendor data privacy.

            Don’t miss this opportunity to learn how to manage your privacy, data security and vendor management!

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