1. So You Want to Take Your Business Electronic – Managing Your Vendors R. David Whitaker Senior Company Counsel Strategy and Operational Risk Group Wells Fargo Bank, N.A. Washington, D.C. November 9, 2010
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6. Assessing Needs Key Factors to Consider Secure Communication Record Management Responsibility & Reports Generate Deliver Store Manage Destroy Record Life Cycle Propagate Data Signing Records Extract & Index Data Create Audit Trails & Reports Secure and Consistent Record Management Active Data Processes Access Controls Quality & Integrity Controls Record Destruction Business Continuity Key Systems Issues Boilerplate Docs Transaction-specific Docs Audit Trails for Enrollment, Delivery/Signing Screen Shots & Process Flows Primary Record Categories Search and Report Capabilities Company Policies and Guidelines Industry Standards and Regulation
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9. Assessing Vendors Overview Vendor Selection Score and Evaluate RFP Responses/Gap Analysis Select and “Sandbox” Finalists Contract Negotiation Gather Requirements Build RFP Build Scoring Model Identify RFP Vendors Iterative Process Key Element