BRENTWOOD, TN, APRIL 7, 2016 – The Community Bankers Association of Ohio (CBAO) is pleased to announce it has expanded its partnership with Ncontracts to include their full suite of risk management solutions. This additional support provides Ohio community banks with a trusted partner to assist them with vendor management, business continuity planning, cybersecurity management, findings, compliance, and risk management. Ncontracts products match CBAO’s mission by being efficient, cost-effective, and protecting the most critical business operations of the community banking industry.
“CBAO continues to respond to the needs of Ohio’s community banks, by partnering with companies that offer solutions to address the most pressing concerns facing community banks in today’s financial climate,” explains Robert L. Palmer, President and CEO. “CBAO dedicates itself to identifying companies community banks can trust. Ncontracts’ entire network of robust third-party vendor and risk management software and services fits in perfectly with our commitment to protect, fortify, and conserve the vital resources the industry rely on to ensure the stability of their business operations.”
Ncontracts provides its software and services to a rapidly-expanding customer base of more than 600 financial institutions located in 45 states. The company combines full-service implementation with a secure and professional online contract management application that produces insightful summaries of their contracts, sends critical impact event notifications, and comprehensive compliance tools. Ncontracts solutions feature customizable dashboard and easy-to-use reporting tools, all designed to ensure maximum data integrity and accuracy.
“Our goal is to guide Ohio’s community banks through vendor monitoring and risk assessments processes and give them the tools and support they need to stay in compliance with regulatory mandates and optimize profits,” states Michael Berman, CEO of Ncontracts. “At Ncontracts, saving our clients time and money and reducing stress through automated, innovative, and comprehensive risk management products are the driving forces behind what we do. This expanded partnership by the CBAO is an honor and we greatly appreciate their continued support.”