Case Study: Arvest Bank achieves 1,900% increase in vendor assessments with Panorays

Panorays Helps Arvest Bank Increase Its Vendor Assessments by 1900%

Arvest Bank, a regional bank with more than 230 branches, faced limited visibility into supplier security posture and a sluggish vendor assessment process: their previous tool lacked granularity, remediation guidance, and relied heavily on scarce InfoSec resources, leaving roughly 220 vendors effectively unassessed and the team able to evaluate only about two vendors per month. To address this, Arvest Bank selected Panorays’ SaaS third‑party security risk management platform.

Panorays delivered continuous, automated monitoring, detailed findings and remediation recommendations, and integration with Arvest’s Fusion Center, enabling faster prioritization and vendor collaboration. As a result, Arvest Bank increased assessment throughput from ~2 vendors per month to up to 10 per week (a 1900% increase), now monitors roughly 220 vendors, reduces evaluation time to minutes, and benefits from improved vendor engagement and responsive Panorays support.

Arvest Bank

Tammy Smith

Director