MINNEAPOLIS, MN, May 8, 2018 - Argos Risk®, a leading provider of Third-Party Risk Intelligence (TPRI) solutions is pleased to announce its partnership with Montana’s Credit Unions. Montana’s Credit Unions, who exists to promote and enhance a thriving credit union community and its various entities to support their mission, will now offer Argos Risk’s AR Surveillance™.
Credit Unions are known as valuable resources for any community and The Montana Credit Union League provides dues-supported services that protect, advocate, and inform along with The League Service Group which provides quality business services for Montana’s 52 credit unions. In addition, the Montana Credit Unions for Community Development implements programs through credit unions that improve the social and economic well being of Montanans.
“As the trusted trade association for Montana’s credit unions, we are looking forward to offering Argos Risk as our preferred vendor management option for our credit unions” said Tracie Kenyon, President/CEO Montana’s Credit Unions. “Credit union operations continue to become more and more complex so when we find business solutions that can streamline operations for our members, it’s a big win!”
Argos Risk’s AR Surveillance leverages more than 10,000 data points to assign risk scores to an organization’s business partners. Proactive alerts are automatically generating significant updates from those partners’ operations; such as key executive changes, lawsuits, liens, mergers, and acquisitions. Affordable, easy, and convenient for business of all sizes, AR Surveillance reduces the time and manual processes typically required for proper vendor due diligence and management. “As auditors continue to question how credit unions manage their key vendor relationships, Montana’s Credit Unions will offer AR Surveillance to identify gaps, mitigate risks, and ease compliance audits,” said Lori Frank, President and CEO, Argos Risk. “MN Credit Union Network introduced us to Montana’s Credit Unions and we are absolutely delighted they have chosen us as their partner. The League’s seven cooperative principles and philosophy to educate, advocate, collaborate sets them apart from others in the way they do business. With AR Surveillance, they will have the integrity and a solution for their credit unions to better manage their third-party relationships while incorporating the League’s principles.”
About Argos Risk
Argos Risk's web-based technology solutions enable companies to proactively manage and assess the credit risk, financial health, and business health of their key third-party relationships. Powered by proprietary technology and algorithms - known as Argonomics™ - their services deliver data via a real-time dashboard and daily alerts. Argos Risk monitors thousands of companies for clients in a broad array of industries including credit unions, banks, manufacturers, distributors, wholesalers and businesses which enable companies of all sizes to proactively manage and monitor credit risk. For additional information, visit www.argosrisk.com.
About Montana’s Credit Unions
Based in Helena, Montana, Montana’s Credit Unions exists to promote and enhance a thriving credit union community, and its various entities support this mission. Montana currently boasts 52 credit unions, with 125 branches in communities across the state. Those credit unions currently serve more than 380,000 Montanans, who are members and own their financial cooperative. For more information, visit www.mcun.coop