Jimmy Sawyers of Sawyers & Jacobs lists vendor management as one of the top ten trends for 2016, in his article, Vendor Management Moves Beyond a Check the Box Exercise. He goes on to state, “The banking regulatory agencies have been serious about vendor management for several years now, requiring banks to maintain significant documentation and perform vendor management risk assessments. Unfortunately, in some cases, this risk management function has become more about the amount of paper than the significance and practicality of the relationship.