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
![Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© 2010 R. David Whitaker. All rights reserved. No copyright claimed on images licensed from others. No part of this document may be reproduced or transmitted in any form, by any means (electronic, photocopying, recording or otherwise) without the express prior signed permission of the author. This presentation is for purposes of education and discussion. It is intended to be informational only and does not constitute legal advice regarding any specific situation, product or service.](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)