Case Study: TBK Bank strengthens business continuity and vendor risk management with Fusion Risk Management

Business Continuity You Can Bank On Community bank strengthens enterprise-wide business continuity program and vendor risk management capabilities

TBK Bank, one of the fastest growing community banks in the Midwest with 55 branches, needed to modernize its business continuity program and better manage vendor risk. The bank was working with a lightweight legacy planning tool that made it difficult to keep plans current, centralize information, and support its growing operational and compliance needs. TBK Bank chose Fusion Risk Management and its Fusion Framework System to move to a more data-centric, holistic approach.

Fusion Risk Management implemented the Fusion Framework System to consolidate business continuity plans into one accessible location and automate vendor risk management workflows, including insurance updates, contract renewals, and due diligence. The result was a stronger, fully integrated business continuity and vendor risk program, with issues and gaps identified and remediated and human error reduced through automation. According to TBK Bank, the transformation took just six months, turning the plan from “basic” to “robust.”

TBK Bank

Deb Wagamon

Business Continuity Manager