Tech Vendor Risk Raises Vetting Stakes in Wake of SVB Crisis | In the News

Tech leaders with suppliers who banked with SVB could set aside immediate concerns about the viability of those vendors when federal authorities stepped in to shore up existing deposits shortly after a run forced the bank’s seizure. But uncertainty about the stability of tech startups, which are volatile by nature, persists.

SVB’s support role went beyond banking, according to Ronak Doshi, technology practice Partner at IT consulting and research firm Everest Group. It extended to “networking events and summits and to product, risk, and financial advisors,” he said.

Read more in CIO DIVE.

How can we engage?

Please let us know how we can help you on your journey.

Contact Us

"*" indicates required fields

Please review our Privacy Notice and check the box below to consent to the use of Personal Data that you provide.