8 Vendor Management Practices Examiners Are Looking For
Third-party vendors play a critical role in compliance. Therefore, examiners are looking for 8 vendor management practices.
Been Through a Disaster? Be Ready to Talk BCP and Risk During Your Next Exam
If your institution has been through a natural disaster, you're likely have a conversation about it on your next exam. Here's what you need to know.
Are New Employees Your Biggest BCP Risk?
BCPs identify individuals with specific roles and responsibilities. It also has contact information and contact trees to ensure strong communication even
Vendor Management: Which ‘Friend’ Will Be There for You?
We thought we’d have a little fun with Friends by asking which Friend you’d hire for a vendor management role at your financial institution.
Six Common IT Exam Issues—and the Controls You Need to Address Them
The six most commons IT exam flaws, according to examiners
6 Features to Look for in a Contract Management Software
Here are 6 features a contract management software should have to improve how financial companies manage third-party vendor contracts.
Internal Audit Failures Costs JP Morgan $250 Million
JP Morgan failed to maintain adequate internal controls and internal audit over its fiduciary business and it cost them $250 million.
Weigh the Risk Before Cutting These Key Costs, OCC Says
OCC is warning banks to be careful when cutting funding for key control functions and processes.
What Examiners are Looking for: Board Oversight
Examiners aren’t just looking to see what’s right with board management. They also want to uncover anything that’s gone wrong.
Ncontracts Launches New Podcast - The Ncast
The leader in integrated risk management solutions launches a new podcast focused on the people and issues on the front lines of risk and compliance
Ncast Podcast Launches with Remote Exam & Cyber Risk Discussion with ABA’s Paul Benda
Today we’re excited to announce the launch of our new weekly podcast, the Ncast! The Ncast Podcast launches with Remote Exam & Cyber Risk Discussion
What does the 'M' in CAMELS stand for?
The M in CAMELS stands for management, who is responsible for setting and implementing the strategic decisions and plans that determine CAMELS rating.
How Does Your Business Continuity Plan Measure Up?
Financial institutions must be resilient and ready for anything. How does your business continuity plan measure up?
6 Essentials for Flawless Policy Management
Flawless policy management is essential as regulations, the operational environment, and your financial institution’s priorities shift.
How to Manage Cyber Risk Like a Boss
October is National Cybersecurity Awareness Month and it’s an annual reminder of how financial institutions—need to do their part to manage cyber risk.
Citibank’s $400 Million ERM & Compliance Fine: 6 Lessons Learned
Not properly implementing enterprise risk management for financial institutions can result in unsound practices, penalities, and more.
Audit Management Is Evolving. Are You Keeping Up?
Audit management programs have been predictable and formulaic for most of banking’s history. However, things are evolving, is your financial...
How to Reduce the Cost of a Data Security Breach at a Bank or Credit Union
Cyber risk management controls that reduce the risk of a data security breach occurring also reduce the cost of a data breach at banks and credit unions.
10 Must-Have Elements to Include When Drafting Policies
When drafting policies, be sure to include these 10 must-have elements in each one to keep them effective.
11 Can’t-Miss Compliance Management Tips From Top Compliance Officers
11 can't miss compliance management tips from some top compliance officers. Some of the latest tips and tricks for making compliance more effective.
Is Your Vendor Prepared for Disaster?
Recent analysis conducted by the FDIC’s OIG finds that just half of vendor contracts it reviewed “explicitly included business continuity provisions.”
5 Ways to Show Your Files Some Love—and Better Manage Risk
In honor of National Love Your Files Week (September 21-25), we’re sharing our top five tips for making file management simpler and more efficient
7 Ways to Cut Compliance Costs & Still Stay Compliant
Many financial institutions are using creativity and practical thinking when looking for ways to cut compliance budgets and still remain compliant.
9 Steps to an Effective Tabletop BCP Test
Your BCP tabletop exercise is an important part of your overall business continuity plan. Here are 9 steps you can take to ensure your test is effective.
How Have Critical Vendors Performed During the COVID-19 Pandemic?
The COVID-19 pandemic has been a trying time for everyone—including financial institutions working with third-party vendors.
Business Continuity Planning: Where to Start
There’s no shortage of information about business continuity planning (BCP), but having lots of information is different from having
3 Ways to Keep Your Business Continuity Plan Current
It was a rainy night, the kind where television programs are interrupted by an emergency alert warning of a flash flood, but he wasn’t worried.
Pain Points: Top Frustrations for Compliance, Risk Management & Internal Audit
Attendees of the ABA Risk and Compliance Virtual Conference tell us about their top compliance, risk management, and audit pain points at their...
Expanding Our Capabilities For You
Ncontracts is excited to announce the acquisition of Banc Intranets and want to welcome all of our newest colleagues to the Ncontracts family!
Ncontracts Acquires Banc Intranets
Ncontracts announced it has acquired Banc Intranets and now offers the most comprehensive set of capabilities to assess and monitor risk and compliance.