September 24, 2010 – Vantage West Credit Union of Tucson Arizona recently signed contracts and is implemented with Quantivate for the use of their vendor management software and vendor management service. The regulated financial industry sees our product as a way to help them meet regulatory requirements. We are honored to have them as our customer.
About Vantage West Credit Union: Vantage West CU a progressive, full-service, financial institution, which offers a wide array of personal and business savings and checking accounts, as well as consumer and business loans. Vantage West serves more than 110,000 members and has more than $1.1 billion in assets, making it the largest credit union in Southern Arizona.
Vantage West was originally federally-chartered as “DMAFB Federal Credit Union” in 1955 to serve military and civilian personnel working at Davis-Monthan Air Force Base. In 2006, the credit union converted to a state charter and changed its name to Vantage West Credit Union. For more information visit www.vwestcu.org
The Credit Union Vendor Management Program (CU Vendor) is a comprehensive solution designed specifically for credit unions to manage their vendor contract relationships. CU Vendor has been developed to satisfy the compliance requirements under NCUA’s Guidance for Evaluating Third Party Relationships Risk (NCUA Letter 07-CU-13).
Quantivate was founded in 2005 by Andy Vanderhoff and Michael Carter, two industry experts who have implemented Disaster Recovery and Business Continuity for many Fortune 1000 companies including Progressive Insurance, AT&T Wireless, Boeing, Safeco Insurance and most recently Washington Mutual. In 2006 the first version of Prizm was released. In 2007 Quantivate released the industry’s first Business Continuity service model. This made business continuity affordable and accessible to all organizations and industries.
Quantivate is an industry leader for Vendor Management and Due Diligence solutions, being chosen by the independent Members Development Company as well as the only state owned Bank of North Dakota for their vendor management solution.