In recent years, regulatory bodies have paid increasing attention to vendor management, particularly as the financial services industry deepens its embrace of digital-first strategies. We’ve seen a flurry of guidance about due diligence over vendor relationships — especially where data privacy and cybersecurity are concerned.
SW&M has what it takes to help clients pinpoint potential issues and get the best terms as efficiently as possible. Our team has decades of experience and cordial relationships with hundreds of established and emerging vendors, including Jack Henry & Associates, Fiserv, Harland Clarke, FIS, CO-OP, PSCU, Lumin Digital, Meridianlink, Terafina, Eltropy, Diebold, Loomis, Upgrade, Upstart, and Wolters Kluwer.
When contract termination is necessary, challenges may arise around various obligations and/or access to important files. SW&M has substantial experience with such matters and all other important issues related to the end of vendor relationships.