Finology Nexus
Finology Nexus
Clarity, Confidence, and Control Over Your Vendor Risks
Every financial institution depends on vendors. But very few know which vendors are actually putting them at risk.
The Vendor Health Scorecard by Finology Nexus helps you move from assumptions to insight. In just a few simple steps, you'll know exactly where your vendors stand, how compliant they are, and what needs attention before the next audit.
Vendor risk management isn't just about tracking a few spreadsheets anymore. Regulators like the RBI, HKMA, and FFIEC now expect you to prove that your vendors are compliant and monitored continuously.
Transform subjective vendor evaluations into objective, data-driven risk intelligence with clear Red/Amber/Green ratings.
Built to meet RBI, HKMA, FFIEC, and other global regulatory requirements for vendor risk assessment and monitoring.
Get started in minutes, not months. Our simple framework delivers immediate value without complex implementation.
Standardize vendor assessment across your organization with our weighted scoring methodology and pre-built templates.
Our simple four-step process transforms vendor risk assessment from a complex challenge to a straightforward, repeatable process.
Complete 12-15 focused questions about your vendor's financial stability, operational resilience, compliance alignment, and cybersecurity posture.
Receive immediate Red/Amber/Green scoring based on weighted criteria - Green for low risk, Amber for moderate, Red for high.
Get your free Vendor Risk Summary Report delivered straight to your inbox with clear insights and recommendations.
For Amber or Red ratings, request our 48-hour diagnostic for deeper analysis of contracts, policies, and compliance gaps.
Our comprehensive assessment covers four critical areas of vendor health, each with weighted scoring for accurate risk evaluation.
Evaluate cash flow, working capital, and financial reserves to ensure operational continuity.
Assess long-term financial health and ability to meet obligations.
Evaluate disaster recovery capabilities and operational redundancy.
Assess human resource stability and technical capabilities.
Verify compliance with relevant financial regulations and standards.
Review audit history and relevant certifications.
Evaluate information security policies and controls.
Assess breach detection and response capabilities.
Our Vendor Health Scorecard delivers immediate value with clear, actionable outputs.
Ready-to-use Vendor Health Scorecard with pre-set formulas and weighted scoring system.
Pre-configured scoring methodology that prioritizes critical risk factors based on regulatory requirements.
Clear, concise risk summary with key findings and immediate action recommendations.
Intuitive Red/Amber/Green status indicators for quick risk assessment and prioritization.
Upgrade to a full 48-hour diagnostic audit for deeper analysis of compliance gaps.
Access to our compliance specialists for implementation guidance and risk interpretation.
The Vendor Health Scorecard is designed for financial institutions and organizations that depend on third-party vendors for critical operations.
Preparing for RBI audits and ensuring compliance with outsourcing guidelines and regulatory requirements.
Onboarding new vendors or scaling operations while maintaining compliance and risk management standards.
Managing outsourced service providers for trading, research, and back-office operations.
Needing structured, documented evidence of vendor due diligence for audit and regulatory purposes.
Hear from financial institutions that have transformed their vendor risk management with our Scorecard.
Join financial institutions using the Vendor Health Scorecard to gain clarity, confidence, and control over vendor risks.
Complete the form below and we'll send you our free Vendor Health Scorecard template immediately.