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Argos Risk announces strategic partnership with Maple Street Inc., the Industry leader in vendor management

Partnership to help credit unions and community banks mitigate financial risks from third-party vendors

Argos Risk®, an industry leader of Third-Party Risk Intelligence (TPRI) solutions, today announced it signed an Affiliate Partnership Agreement with Maple Street, Inc., as a recognized leader providing complete vendor relationship management services to credit unions and community banks.

Maple Street's proprietary vendor management solution, the Vendor Advantage System®, is a complete, comprehensive vendor relationship management program that manages the entire vendor lifecycle to reduce vendor expenses, improve vendor performance, and manage risk.

"Adding Argos Risk's services provide a new dimension in managing vendors and risk to the Vendor Advantage System," said Mike Crofts, President of Maple Street. "Understanding vendor risk in real time is a valuable component of vendor lifecycle management that our clients will now have. We're pleased to offer this valuable service."

Argos Risk provides an affordable web-based subscription service that helps companies proactively manage third-party risk intelligence and business viability risks associated with their third-party relationships; including vendors, ACH/RDC originators, and direct and indirect lending clients.

"We are extremely happy to be working with Maple Street in shaping how banks and credit unions can improve the management of their third-party vendor relationships and positively impact clients' bottom line," said Lori Frank, Argos Risk President and CEO. "With today's competitive pressures and cost-effective measures, this partnership aligns with our core strategy and is clearly a win-win for their current and future customers."

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