We Are On A Mission To Fix Risk & Vendor Management
AN INDUSTRY PLAGUED WITH INEFFICIENCY
In 2008, Michael Berman, Ncontracts’ founder and CEO, was serving as a general counsel in the financial technology industry. Overseeing risk management for financial institutions in the midst of a financial crisis, he saw a process that was plagued by unconnected data, duplicated work, and disorganization. Large financial institutions were using spreadsheets to manage risk. Not only was there an enormous amount of wasted effort, but these efforts were inadequate to identify and manage risk on all levels.
A VISION FOR A BETTER SOLUTION
Michael had a vision–a better way to manage risk. Recruiting a paralegal who is now our Executive VP of Operations, he started Ncontracts in a windowless office over a Mexican restaurant. The first customers were local banks willing to give a new company (and a new solution) a chance. Word soon spread—they had created a better way to manage risk and compliance for financial institutions. A centralized system that enabled organizations to collaborate, with departments working together toward the goal of managing risk.
Today, Ncontracts offers risk vendor management solutions that work together. Our system offers seamless integration. Dedicated resources. Unlimited training and support. And our work is guaranteed.