The Problem

Today’s credit unions are challenged with an ever­changing risk and regulatory landscape. In order to successfully face these increased management challenges, credit unions are relying more than ever on technology and outsourcing to help, but this opens the door to new risks and operational challenges.

The products and services that attempt to solve these challenges are inadequate for several reasons:

  • Software Solutions

    Software Solutions are Cumbersome to Manage

  • Continual support

    Consultants Lack Ability to Provide Continual Support

  • Fully outsourcing - risk

    Fully Outsourcing Aspects of Risk Could Miss the Overall Breadth

The Solution: apogee iQ

apogee iQ’s robust software application, built with modern features and functions coupled with intelligent module integration, is customized to specifically address the needs of the credit union industry. With this unique, integrated approach to software and services, apogee iQ transforms GRC from a burden into a competitive advantage.

apogee iQ

What is apogee iQ?

apogee iQ provides a comprehensive software platform and integrates with expert services improving the risk, compliance, governance and technology processes of financial institution operations.

Software Solution

Apogee iQ provides an intuitive, expert infused, process to manage the various aspects of your organization. Each workflow is built to improve the intelligence and make current processes more efficient.

  • Vendor Management

    Vendor Management

    • Nationwide credit union vendor directory.
    • Contract management capabilities.
    • Ongoing vendor review and alerting.
    • Vendor classification tool using the Messick and Lauer process.
    • Dynamic risk assessment that refines questions based on classification for efficiency.
    • Vendor report cards.
  • Enterprise Risk Management

    Enterprise Risk Management

    • Embed a new culture of risk management into credits unions.
    • Provide scalability & flexibility into the process to anticipate risk and new opportunities.
    • Process will facilitate efficient and effective identification of risk appetite.
    • Best practices provided not only meet regulatory expectations, but drive performance and efficient execution of strategy.
    • Increase confidence and capabilities related to understanding and managing the risk of today.
    • Credit unions will be better positioned to navigate, exploit and leverage the opportunities and uncertainties of tomorrow.
  • Business Continuity

    Business Continuity

    • Integrate closely with all other modules.
    • Leverage a threat type system that is usable in any scenario.
    • DCAP- Domain, Capability, Activity and Process model ensures that the full spectrum of the process is considered and planned.
    • Visualizations help communicate complex processes and increase confidence in the decision making and execution process.
    • Web based planning tool available for use during a continuity event.
  • Regulatory Management

    Regulatory Management

    • Integrates with NCUA, FDIC, CFPD, and PCI data collected during other apogee iQ workflows.
    • Automated examination preparation and compliant tracking to help lessen the burden and expense of regulatory management.
  • Cyber Risk Management

    Cyber Risk Management

    • Manages technology risks and fully integrates with other modules to deliver comprehensive IT strategy.
    • Improve technology strategy through integration with business process and risk analysis best practices.
    • Manage member data inventory, protection and transit.
    • Provide visualizations of critical processes to help identify largest risk exposures based on business process and financial impact.
    • Identify compliance with IT best practices.
    • Helps manage FFEIC cyber security and NCUA IS&T regulations.
  • Intelligent Purchasing

    Intelligent Purchasing

    • Manage vendor performance to create a list of when a relationship should be terminated.
    • Identify what to look for in a new vendor using peer comparison data to ensure your buying well.
    • Template based RFPs to speed up and improve process.
    • Group purchasing via an online store that provides members with pre-negotiated discounts and rebates.
    • Allows for flexibility and control while providing deep discounts.
  • Vendor Directory and Education

    Vendor Directory and Education

    • A rich vendor directory with preloaded, where possible, due diligence information.
    • Greatly reduces the overall cost of vendor due diligence industry-wide.
    • Database includes rich and relevant data that improves the buying process for our clients.
    • Includes educational data to help with research and answering questions about vendors.

Vendor Management

  • Nationwide credit union vendor directory.
  • Contract management capabilities.
  • Ongoing vendor review and alerting.
  • Vendor classification tool using the Messick and Lauer process.
  • Dynamic risk assessment that refines questions based on classification for efficiency.
  • Vendor report cards.

Vendor Management

  • Nationwide credit union vendor directory.
  • Contract management capabilities.
  • Ongoing vendor review and alerting.
  • Vendor classification tool using the Messick and Lauer process.
  • Dynamic risk assessment that refines questions based on classification for efficiency.
  • Vendor report cards.

Enterprise Risk Management

  • Embed a new culture of risk management into credits unions.
  • Provide scalability & flexibility into the process to anticipate risk and new opportunities.
  • Process will facilitate efficient and effective identification of risk appetite.
  • Best practices provided not only meet regulatory expectations, but drive performance and efficient execution of strategy.
  • Increase confidence and capabilities related to understanding and managing the risk of today.
  • Credit unions will be better positioned to navigate, exploit and leverage the opportunities and uncertainties of tomorrow.

Business Continuity

  • Integrate closely with all other modules.
  • Leverage a threat type system that is usable in any scenario.
  • DCAP- Domain, Capability, Activity and Process model ensures that the full spectrum of the process is considered and planned.
  • Visualizations help communicate complex processes and increase confidence in the decision making and execution process.
  • Web based planning tool available for use during a continuity event.

Regulatory Management

  • Integrates with NCUA, FDIC, CFPD, and PCI data collected during other apogee iQ workflows.
  • Automated examination preparation and compliant tracking to help lessen the burden and expense of regulatory management.

Cyber Risk Management

  • Manages technology risks and fully integrates with other modules to deliver comprehensive IT strategy.
  • Improve technology strategy through integration with business process and risk analysis best practices.
  • Manage member data inventory, protection and transit.
  • Provide visualizations of critical processes to help identify largest risk exposures based on business process and financial impact.
  • Identify compliance with IT best practices.
  • Helps manage FFEIC cyber security and NCUA IS&T regulations.

Intelligent Purchasing

  • Manage vendor performance to create a list of when a relationship should be terminated.
  • Identify what to look for in a new vendor using peer comparison data to ensure your buying well.
  • Template based RFPs to speed up and improve process.
  • Group purchasing via an online store that provides members with pre-negotiated discounts and rebates.
  • Allows for flexibility and control while providing deep discounts.

Vendor Directory and Education

  • A rich vendor directory with preloaded, where possible, due diligence information.
  • Greatly reduces the overall cost of vendor due diligence industry-wide.
  • Database includes rich and relevant data that improves the buying process for our clients.
  • Includes educational data to help with research and answering questions about vendors.

Service Solution

Our mission is to improve institutional intelligence through the alignment of strategy, process, information and technology to deliver a holistic understanding of risk in pursuit of achieving organizational goals. Our objective is to stir thought and provide clarity about the decisions our clients make and how they make them in pursuit of their organization’s vision. Our goal is the creation of value through the development of a world-class risk management and assurance culture and set of supporting processes.

  • Enterprise Risk Management
  • Third­ Party Management
  • Group Purchasing
  • Business Continuity
  • Contract And Negotiation
  • Strategic And Obj Perf Management
  • Audit Management
  • IT Risk Management
  • Governance And Policy Management
  • Reg And Corp Comp Management
  • Operational Risk Management
  • Project Risk Management

Contact US

Thanks for contacting apogee iQ! We will respond as quickly as we can. For immediate questions or assistance, please contact Jeff Owen at (913)-890-8011.