Why Real-Time Vendor Monitoring is No Longer Optional?

Imagine this:

A 4-person compliance team. 1,200 vendors to keep an eye on.

Hundreds of contracts, controls, and updates that never stop coming.

The math just doesn’t add up.

This isn’t a one-off story — it’s what we keep hearing across financial services. Small risk teams are being asked to manage vendor networks that are growing faster (and getting riskier) than ever.

And it’s not just a US issue.

In Europe, the new Digital Operational Resilience Act (DORA) is putting third-party vendors under a spotlight — with requirements around explainability, audit rights, continuous monitoring, and even direct oversight of “critical” providers.

Here in the US, there’s no single “DORA,” but the direction is the same:

1. OCC / FDIC / Fed tightening guidance

2. SEC pushing new rules on cyber and vendor oversight

3. NYDFS requiring risk-based vendor monitoring

The takeaway: vendor risk isn’t procurement housekeeping anymore — it’s a regulatory resilience issue.

That’s why real-time monitoring isn’t a nice-to-have, it’s survival.

With the right approach, teams can:

1. Spot risks as they happen (not months later)

2. Focus people on what matters most

3. Walk into regulator or board reviews with confidence

When 4 people are responsible for 1,200 vendors, efficiency isn’t optional.

See how Carver Agents delivers real-time vendor monitoring that keeps your team ahead — reach us at hello@carveragents.ai