How a U.S. Regional Bank Transformed Vendor Risk Management with Owlin

The client

A top-performing regional bank with a strong national business focus, serving both commercial and consumer clients, needed a smarter way to gain visibility into risks associated with its growing portfolio of vendors. Managing hundreds of third-party relationships while staying compliant had become increasingly complex.

The challenge

As the bank scaled, it faced several challenges:

• Limited visibility into vendor activities and emerging risks across a large portfolio.
• Fragmented data sources make risk insights difficult to access quickly.
• Time-intensive reporting processes for stakeholders and senior leadership.
• Difficulty ensuring multiple team members could access timely and accurate vendor intelligence.

The bank sought a vendor risk management solution that could deliver actionable, real-time intelligence on its third-party vendors to support informed risk oversight and decision-making.

The solution

Using Owlin, the bank now:

• Monitors a portfolio of ~250+ vendors for adverse media 
• Generates both standard and advanced intelligence reports, including entity-level summaries, risk lens-level risk scores, timelines of related events, adverse media, PEP/sanctions, watchlists, and blacklists. Reports are delivered on demand to stakeholders and senior leadership.
• Provides multi-user access for the broader team, ensuring that vendor intelligence is available across relevant operational teams.
• Explores additional use cases, such as KYC-style screenings, demonstrating the flexibility of external risk intelligence for broader business needs.

By leveraging Owlin’s third-party risk intelligence, the bank can detect emerging vendor risks earlier, provide more informed oversight, and support compliance and operational decision-making more effectively.