ST. PAUL, Minn. (6/6/13)--The Minnesota Credit Union Network (MnCUN) has formed a strategic alliance with Sequoia Vantage to offer enterprise risk management (ERM) solutions to state credit unions.
"The biggest hurdle with ERM is that so many credit unions don't know where to begin," said John Ferstl, MnCUN MnCUN Network Service Corp. "Sequoia Vantage can take the mystery out of the process and help you establish or improve your credit union's enterprise risk management, while also ensuring that the board of directors can effectively handle all of its related responsibilities."
Sequoia Vantage has several core offerings, facilitated on a secure cloud-based platform. These include:
- Free, principles-based diagnostics for credit unions;
- Benchmark studies;
- Guided assessments;
- Facilitated analysis and prioritization sessions;
- Implementation assistance; and
- Equipping tools and templates.
"We at Sequoia Vantage believe that the present-day world is facing systemic challenges in the relationship among management, boards, monitoring systems and stakeholders," said David Seibert, Sequoia Vantage president and principal consultant. "There is a better way to govern and manage, and we are committed to addressing this issue through our comprehensive service offerings specifically designed for credit unions."