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Two More CUs Sign Up for Vendor Management Tools

Vendor management software and services provider Quantivate LLC said it has signed contracts with two more credit unions.

They are the $1.5 billion Citadel FCU in Thorndale, Pa., and $347 million Pima FCU in Tucson, Ariz.

Redmond, Wash-based Quantivate was founded in 2005 by disaster recovery and business continuity specialists and then formed CU Vendor in 2008 to add due diligence services from the Paragon Group and a compliance guaranty produced by the law firm of Farleigh Wada Witt.

The company said it now provides business continuity and vendor management software and services to about 60 credit unions as well as non-profit organizations including World Vision, public utilities agencies and Alaska Airlines.

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