Quick Q&A on
Vendor Diversification
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Jason Blair is executive managing director for R&T Deposit Solutions, which provides deposit, liquidity and cash management solutions for U.S. banks and other financial institutions.
He shares valuable answers to these timely questions:
He shares valuable answers to these timely questions:
- Why is it important for banks and credit unions to have diversification within the vendor space?
- How are mergers and acquisitions impacting financial services organizations' vendor base?
- If one vendor gets hacked or its system goes down, how quickly can an alternate vendor step in and eliminate any disruption to its business and to its customers?
- What regulatory agencies encourage or require financial services organizations to have decentralized supplier bases?
- Is automation making it easier for financial services organizations to diversify their vendor ranks?
