Jump to Content
ABA: The American Bankers Association
Industry News

Risk Management Controls: A Primer

Risk management is a critical aspect of banking operations. However, one area that often draws resistance is risk management controls. The concept may seem intimidating or overwhelming, but when you break down the components, you’ll find risk management controls aren’t nearly as complicated as you think.

Ncontracts

Ncontracts® is a leading provider of vendor and contract management services for the financial institution industry. Ncontracts combines turnkey vendor management services with a comprehensive and fully-customizable vendor and contract management application. Insightful summaries of vendor contracts and alert notifications assist clients in proactively managing vendor relationships. And with Ncontracts’ robust compliance services, clients can easily monitor and assess vendor risk and respond quickly to regulator inquires and audit demands of examiners. Together, these services and features give clients the ability to reduce expenses, enhance profitability, and improve internal efficiencies. For more information, visit www.ncontracts.com or call (888) 370-5552.