--- title: Powering the vendor risk program of a leading international bank description: Powering the vendor risk program of a leading international bank image: https://blog.aujas.com/hubfs/Aujas_April2016-theme/images/powering-the-vendor-risk-program-of-a-leading-international-bank.jpg --- [![Aujas Logo-1](https://blog.aujas.com/hs-fs/hubfs/Aujas%20Logo-1.webp?width=951&name=Aujas%20Logo-1.webp "Aujas Logo-1")](https://www.aujas.com/) - Services - [Identity and Access Management](https://www.aujas.com/robotics-iam-identity-access-management-services) - [Identity Governance Fast Track](https://www.aujas.com/iam-identity-governance-fast-track) - [Privileged Identity Management Fast Track](https://www.aujas.com/privileged-identity-management) - [Cloud Single Sign-on Fast Track](https://www.aujas.com/cloud-sso) - [Robotics Driven IAM](https://www.aujas.com/robotics-iam-services) - [Risk Aware IAM](https://www.aujas.com/risk-aware-iam) - [Consumer IAM](https://www.aujas.com/consumer-identity-and-access-management) - [Cybersecurity Advisory Services](https://www.aujas.com/cybersecurity-advisory-services) - [Cyber Risk Management](https://www.aujas.com/cyber-risk-management-services) - [Integrated Compliance Management](https://www.aujas.com/cybersecurity-compliance-services) - [GRC Technology Automation](https://www.aujas.com/grc-technology-automation-services) - [Third Party Risk Management](https://www.aujas.com/third-party-risk-management) - [Privacy and Data Protection](https://www.aujas.com/data-privacy-data-protection-services) - [Security Verification](https://www.aujas.com/security-verification-services) - [On-Demand Security Assessment](https://www.aujas.com/on-demand-security-testing-and-services) - [Breach & Attack Simulation](https://www.aujas.com/automated-continuous-attack-simulation) - [IoT Security Assessment](https://www.aujas.com/internet-of-things-security-assessment) - [Red Teaming](https://www.aujas.com/red-teaming-services) - [Integrated Security Assurance Program](https://www.aujas.com/isap) - [DDoS Simulation](https://www.aujas.com/ddos-attack-simulation-services) - [DevSecOps](https://www.aujas.com/devsecops) - [API Security](https://www.aujas.com/api-security) - [Security Engineering](https://www.aujas.com/security-engineering-services) - [Secure Software Development](https://www.aujas.com/secure-software-development) - [Ecosystem Engineering](https://www.aujas.com/ecosystem-engineering) - [Custom Security Development](https://www.aujas.com/custom-security-solution-development) - [Registered Device Management Platform](https://www.aujas.com/registered-device-management-platform) - [Managed Detection and Response](https://www.aujas.com/managed-detection-and-response-services) - [Offensive Security Services](https://www.aujas.com/offensive-security-services) - [OT Security Services](https://www.aujas.com/ot-security-services) - [Microsoft Sentinel](https://www.aujas.com/sentinel) - [Threat Management](https://www.aujas.com/threat-management-service) - [SIEM & Security Monitoring](https://www.aujas.com/siem-security-monitoring) - [SecOps Orchestration](https://www.aujas.com/security-orchestration-automation-and-response) - [Google SecOps](https://www.aujas.com/googlesecops) - [Cloud Security](https://www.aujas.com/cloud-computing-security-services) - [AWS Cloud Security Services](https://www.aujas.com/aws-cloud-security-services) - [Cloud Security Foundation](https://www.aujas.com/cloud-security-foundation) - [Cloud Risk Management](https://www.aujas.com/cloud-risk-management) - [Cloud Security Engineering](https://www.aujas.com/cloud-security-engineering) - Products - [PALM](https://www.aujas.com/platform-for-access-lifecycle-management) - [Saksham](https://saksham.aujas.com) - [CodeSign](https://codesign.aujas.com) - [Aadhaar Registered Device Manager](https://www.aujas.com/registered-device-management-platform) - Company - [About us](https://www.aujas.com/about-us) - [Investor Relations](https://www.aujas.com/investor-relations) - [Team](https://www.aujas.com/team) - [Partnership](https://www.aujas.com/partnership) - [Contact us](https://www.aujas.com/contact-us) - [Careers](https://www.aujas.com/cybersecurity-careers) - Resources - [Blog](https://blog.aujas.com) - [Collaterals](https://www.aujas.com/collaterals) - [Case Studies](https://www.aujas.com/case-study) - [Contact Sales](https://www.aujas.com/contact-us) - ![](https://blog.aujas.com/hubfs/Aujas%202020/blue-search.png) ![blue-search](https://blog.aujas.com/hubfs/Aujas%202020/blue-search.png "blue-search") ![Aujas Cybersecurity Logo 2024](https://blog.aujas.com/hubfs/Aujas%20Cybersecurity%20Logo%202024.webp "Aujas Cybersecurity Logo 2024") - Services - [Identity and Access Management](https://www.aujas.com/robotics-iam-identity-access-management-services) - [Identity Governance Fast Track](https://www.aujas.com/iam-identity-governance-fast-track) - [Privileged Identity Management Fast Track](https://www.aujas.com/privileged-identity-management) - [Cloud Single Sign-on Fast Track](https://www.aujas.com/cloud-sso) - [Robotics Driven IAM](https://www.aujas.com/robotics-iam-services) - [Risk Aware IAM](https://www.aujas.com/risk-aware-iam) - [Consumer IAM](https://www.aujas.com/consumer-identity-and-access-management) - [Cybersecurity Advisory Services](https://www.aujas.com/cybersecurity-advisory-services) - [Cyber Risk Management](https://www.aujas.com/cyber-risk-management-services) - [Integrated Compliance Management](https://www.aujas.com/cybersecurity-compliance-services) - [GRC Technology Automation](https://www.aujas.com/grc-technology-automation-services) - [Third Party Risk Management](https://www.aujas.com/third-party-risk-management) - [Privacy and Data Protection](https://www.aujas.com/data-privacy-data-protection-services) - [Security Verification](https://www.aujas.com/security-verification-services) - [On-Demand Security Assessment](https://www.aujas.com/on-demand-security-testing-and-services) - [Breach & Attack Simulation](https://www.aujas.com/automated-continuous-attack-simulation) - [IoT Security Assessment](https://www.aujas.com/internet-of-things-security-assessment) - [Red Teaming](https://www.aujas.com/red-teaming-services) - [Integrated Security Assurance Program](https://www.aujas.com/isap) - [DDoS Simulation](https://www.aujas.com/ddos-attack-simulation-services) - [DevSecOps](https://www.aujas.com/devsecops) - [API Security](https://www.aujas.com/api-security) - [Security Engineering](https://www.aujas.com/security-engineering-services) - [Secure Software Development](https://www.aujas.com/secure-software-development) - [Ecosystem Engineering](https://www.aujas.com/ecosystem-engineering) - [Custom Security Development](https://www.aujas.com/custom-security-solution-development) - [Registered Device Management Platform](https://www.aujas.com/registered-device-management-platform) - [Managed Detection and Response](https://www.aujas.com/managed-detection-and-response-services) - [Offensive Security Services](https://www.aujas.com/offensive-security-services) - [OT Security Services](https://www.aujas.com/ot-security-services) - [Microsoft Sentinel](https://www.aujas.com/sentinel) - [Threat Management](https://www.aujas.com/threat-management-service) - [SIEM & Security Monitoring](https://www.aujas.com/siem-security-monitoring) - [SecOps Orchestration](https://www.aujas.com/security-orchestration-automation-and-response) - [Google SecOps](https://www.aujas.com/googlesecops) - [Cloud Security](https://www.aujas.com/cloud-computing-security-services) - [AWS Cloud Security Services](https://www.aujas.com/aws-cloud-security-services) - [Cloud Security Foundation](https://www.aujas.com/cloud-security-foundation) - [Cloud Risk Management](https://www.aujas.com/cloud-risk-management) - [Cloud Security Engineering](https://www.aujas.com/cloud-security-engineering) - Products - [PALM](https://www.aujas.com/platform-for-access-lifecycle-management) - [Saksham](https://saksham.aujas.com) - [CodeSign](https://codesign.aujas.com) - [Aadhaar Registered Device Manager](https://www.aujas.com/registered-device-management-platform) - Company - [About us](https://www.aujas.com/about-us) - [Investor Relations](https://www.aujas.com/investor-relations) - [Team](https://www.aujas.com/team) - [Partnership](https://www.aujas.com/partnership) - [Contact us](https://www.aujas.com/contact-us) - [Careers](https://www.aujas.com/cybersecurity-careers) - Resources - [Blog](https://blog.aujas.com) - [Collaterals](https://www.aujas.com/collaterals) - [Case Studies](https://www.aujas.com/case-study) - [Contact Sales](https://www.aujas.com/contact-us) - ![](https://blog.aujas.com/hubfs/Aujas%202020/blue-search.png) ![](https://blog.aujas.com/hubfs/Aujas%202020/close.png)     # Powering the vendor risk program of a leading international bank - ![Admin](https://app.hubspot.com/settings/avatar/d41d8cd98f00b204e9800998ecf8427e)[Admin](https://blog.aujas.com/case-study/author/admin) - Jun 24, 2016 3:57:06 PM - [Banking](https://blog.aujas.com/case-study/topic/banking), [Banking, Financial Services and Insurance](https://blog.aujas.com/case-study/topic/banking-financial-services-and-insurance) SHARE Our client is a leading international bank with a large footprint of 2402 domestic branches (including extension counters) and 12,922 ATMs spread across the country. The Bank also has operations in Singapore, Hong Kong, Dubai, Sri Lanka and China. With a balance sheet size of $59 billion, the Bank has achieved consistent growth and stable asset quality with a 5 year CAGR of 21% in Total Assets, 19% in Total Deposits and 28% in Net Profit There is a tremendous pressure on all financial institutions to reduce costs while generating revenue. The banking sector is an immensely regulation driven market, with tremendous pressure on banks to protect customer information. Outsourcing is used to reap cost savings from suppliers with clear comparative advantages. However the risks stemming from outsourcing needs to be managed. Our client has put in place a third party vendor risk assessment program. The need of the hour was to improve the framework, scale the volume of assessed vendors and bring in efficiency and consistency. ![Footer-Logo](https://blog.aujas.com/hubfs/Aujas%202019/Footer/Footer-Logo.png "Footer-Logo") ## Reach Us [+1 201 389 9011](tel:+1%20201%20389%209011) ## Write To Us **Sales:** [contact@aujas.com](mailto:contact@aujas.com) **Jobs:** [careers@aujas.com](mailto:careers@aujas.com) **HR Queries:** [HRopsteam@aujas.com](mailto:hropsteam@aujas.com)   - [1](https://www.linkedin.com/company/aujas-cybersecurity) - [2](https://twitter.com/AujasIRM) - [3](https://www.facebook.com/AujasCybersec/?ref=py_c) - [4](https://www.youtube.com/@AujasCybersecurity) ## [Identity and Access Management](https://www.aujas.com/identity-access-management-services) - [Identity Governance Fast Track](https://www.aujas.com/iam-identity-governance-fast-track) - [PIM Fast Track](https://www.aujas.com/privileged-identity-management) - [Cloud Single Sign-on Fast Track](https://www.aujas.com/cloud-sso) - [Robotics Driven IAM](https://www.aujas.com/robotics-iam-services) - [Risk Aware IAM](https://www.aujas.com/risk-aware-iam) - [Consumer IAM](https://www.aujas.com/consumer-identity-and-access-management) ## [Cybersecurity Advisory Services](https://www.aujas.com/cybersecurity-advisory-services) - [Cyber Risk Management](https://www.aujas.com/cyber-risk-management-services) - [Integrated Compliance Management](https://www.aujas.com/cybersecurity-compliance-services) - [GRC Automation](https://www.aujas.com/grc-technology-automation-service) - [Third Party Risk Management](https://www.aujas.com/third-party-risk-management-old) - [Privacy and Data Protection](https://www.aujas.com/data-privacy-data-protection-services) ## Company - [About us](https://www.aujas.com/about-us) - [Careers](https://www.aujas.com/cybersecurity-careers) - [Contact us](https://www.aujas.com/contact-us) ## Resources - [Blog](https://blog.aujas.com) - [Collaterals](https://www.aujas.com/collaterals) - [Case Study](https://www.aujas.com/case-study) ## [Security Verification](https://www.aujas.com/security-verification-services) - [Threat Simulation](https://www.aujas.com/threat-simulations) - [loT Security](https://www.aujas.com/internet-of-things-security-assessment) - [Penetration Testing](https://www.aujas.com/crest-certified-penetration-testing-services) ## [Security Engineering](https://www.aujas.com/security-engineering-services) - [Secure Development](https://www.aujas.com/secure-software-development) - [Ecosystem Engineering](https://www.aujas.com/ecosystem-engineering) - [CodeSign Platform](https://codesign.aujas.com/) - [Custom Security Development](https://www.aujas.com/custom-security-solution-development) ## [Managed Detection and Response](https://www.aujas.com/managed-threat-detection-and-response-services) - [Threat Management](https://www.aujas.com/threat-management) - [SIEM & Security Monitoring](https://www.aujas.com/siem-security-monitoring) - [Automated & Continous Attack Simulation](https://www.aujas.com/automated-continuous-attack-simulation) - [SecOps Orchestration](https://www.aujas.com/security-orchestration-automation-and-response) - [Google SecOps](https://www.aujas.com/googlesecops) ## [Identity and Access Management](https://www.aujas.com/identity-access-management-services) - [Identity Governance Fast Track](https://www.aujas.com/iam-identity-governance-fast-track) - [PIM Fast Track](https://www.aujas.com/privileged-identity-management) - [Cloud Single Sign-on Fast Track](https://www.aujas.com/cloud-sso) - [Robotics Driven IAM](https://www.aujas.com/robotics-iam-services) - [Risk Aware IAM](https://www.aujas.com/risk-aware-iam) - [Consumer IAM](https://www.aujas.com/consumer-identity-and-access-management) ## [Cybersecurity Advisory Services](https://www.aujas.com/cybersecurity-advisory-services) - [Cyber Risk Management](https://www.aujas.com/cyber-risk-management-services) - [Integrated Compliance Management](https://www.aujas.com/cybersecurity-compliance-services) - [GRC Automation](https://www.aujas.com/grc-technology-automation-service) - [Third Party Risk Management](https://www.aujas.com/third-party-risk-management-old) - [Privacy and Data Protection](https://www.aujas.com/data-privacy-data-protection-services) ## [Security Verification](https://www.aujas.com/security-verification-services) - [Threat Simulation](https://www.aujas.com/threat-simulations) - [loT Security](https://www.aujas.com/internet-of-things-security-assessment) - [Penetration Testing](https://www.aujas.com/crest-certified-penetration-testing-services) ## [Security Engineering](https://www.aujas.com/security-engineering-services) - [Secure Development](https://www.aujas.com/secure-software-development) - [Ecosystem Engineering](https://www.aujas.com/ecosystem-engineering) - [CodeSign Platform](https://codesign.aujas.com/) - [Custom Security Development](https://www.aujas.com/custom-security-solution-development) ## [Managed Threat Detection and Response](https://www.aujas.com/managed-threat-detection-and-response-services) - [Threat Management](https://www.aujas.com/threat-management) - [SIEM & Security Monitoring](https://www.aujas.com/siem-security-monitoring) - [Automated & Continous Attack Simulation](https://www.aujas.com/automated-continuous-attack-simulation) - [SecOps Orchestration](https://www.aujas.com/security-orchestration-automation-and-response) - [Google SecOps](https://www.aujas.com/googlesecops) ## Company - [About us](https://www.aujas.com/about-us) - [Careers](https://www.aujas.com/cybersecurity-careers) - [Contact us](https://www.aujas.com/contact-us) ## Resources - [Blog](https://blog.aujas.com) - [Collaterals](https://www.aujas.com/collaterals) - [Case Study](https://www.aujas.com/case-study) Copyrights © 2025 All Rights Reserved by Aujas. - [Terms of Use](https://www.aujas.com/terms-of-service) - [Privacy Policy](https://www.aujas.com/privacy-policy) - [Cookie Policy](https://www.aujas.com/cookie-policy) ![](https://px.ads.linkedin.com/collect/?pid=656027&fmt=gif) ![websights](https://ws.zoominfo.com/pixel/62839c658f43f50012ae3b9a)