CCG Catalyst negotiates the complete “contract” not just price, but the terms and service levels are equally important. None of these exist in a vacuum, nor can they be taken out of the context of the contract as a whole. CCG Catalyst provides a proven methodology that verifies and substantiates the facts, guides your institution through the truths and half- truths, and provides documentation that is appropriate and recommended for submittal to the Board of Directors, auditors, and regulators. Regulators are holding the Board of Directors and Executive Management responsible for identifying, managing and controlling the risks and performance of third party providers.
“An institution’s board of directors and senior management are ultimately responsible for managing activities conducted through third-party relationships, and identifying and controlling the risks arising from such relationships, to the same extent as if the activity were handled within the institution.”FFEIC-FIL-44-2008
Our diligence in guiding you through the CCG Catalyst Contracts Negotiation process will provide the assurance that your vendor will perform as promised within well-defined service levels, and at a price that is fair and representative of your institution’s expectations and support the strategic objectives of your Bank.
CCG Catalyst has worked with all of the major industry vendors, and bring the pragmatic experience necessary to profitably navigate the process to successful conclusion. At the conclusion of the engagement, we will deliver the full complement of documentation supporting your decision and the effort undertaken to reach it.