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Financial Services

Banks operate under strict regulation, which often translates into slow and painful vendor lifecycle management

Pain points:

  • Extended onboarding cycles = delayed delivery

  • Manual assessments = inconsistent risk outcomes

  • Unstructured evidence = potential compliance gaps

  • Fragmented data = limited view of vendor performance and obligations

We built fit-for-purpose solutions for the banking sector:

  • Structured onboarding workflows with pre-prepared reviewer inputs

  • Automated ingestion and analysis of required documentation

  • AI-native vendor due diligence and risk assessment aligned with internal policies and controls

  • Integration into P2P, GRC, and CLM systems

  • Continuous performance monitoring with renewal and risk alerts


© Copyright 2025 Nova, All rights reserved

© Copyright 2025 Nova, All rights reserved