About Rochdale

Rochdale emerges as a distinctive player in the Credit Union Risk Management landscape, providing a multifaceted approach to safeguarding financial institutions against a slew of risks that threaten stability and compliance in the ever-evolving regulatory environment. With a clear focus on enabling credit unions to make informed and strategic decisions, Rochdale positions itself not merely as a vendor but as a strategic partner in the journey towards risk intelligence.

The cornerstone of Rochdale's offerings is their flagship risk management platform, apogee iQ™, which is lauded for its industry-specific customization and intuitive design. Infused with decades of industry knowledge, this platform integrates Enterprise Risk Management (ERM) processes with other critical functions such as vendor management and regulatory compliance. This integration is particularly crucial, as it allows credit unions to manage risks that are specific to their strategic operations and third-party partnerships, a feature that sets Rochdale apart from its competitors.

Education and training are evidently essential components of Rochdale's services, as evidenced by their involvement in key industry events and their commitment to providing comprehensive learning opportunities. This underscores a dedication to not only respond to risks but to proactively equip clients with the knowledge and tools to anticipate and navigate future challenges. For credit unions looking to bolster their defenses, Rochdale’s focus on strategic planning and governance offers a clear roadmap to resilience and sustainability.

However, it's not all about software. Rochdale's consultative approach resonates with institutions preferring a more human touch. Their promise to serve as a trusted partner and consultant, ready to identify potential vulnerabilities and pivot ahead of market changes, provides clients with a sense of security that goes beyond mere compliance.

While the company's ranking is not the focus, it's worth noting that Rochdale's self-professed rating of 4 out of 10 suggests a transparent and honest assessment of their market position. This candidness is refreshing and may speak to potential clients who value integrity and continuous improvement in their business partnerships.

In the grand scheme of things, Rochdale's emphasis on risk as an opportunity rather than a roadblock is a philosophical stance that could resonate well with forward-thinking credit unions. The CEO's title as a "GRC Revolutionist" hints at a revolutionary approach to risk management, aiming to leverage risk for organizational growth and exceptional performance. This is a vital point of differentiation in an industry where many may focus solely on risk minimization.

While Rochdale's offerings are robust, prospective clients would be well-advised to ensure that the services align with their specific needs, scale, and complexity. The company's ability to deliver a tailored experience will be a decisive factor for many credit unions weighing their options in a crowded marketplace.

In conclusion, Rochdale presents a compelling case for credit unions seeking a partner that offers both advanced risk management technology and a collaborative approach to strategy and governance. Their focus on education, proactive risk management, and strategic partnership places them as a notable option for credit unions looking to navigate the complex world of risk management with confidence and clarity.

Products and Services

Rochdale specializes in providing a suite of risk management solutions tailored to credit unions, offering an integrated platform that emphasizes not only compliance and operational stability but also strategic foresight and partnership to navigate the complexities of the financial regulatory landscape effectively.

Enterprise Risk Management (ERM)

Rochdale offers a comprehensive ERM platform, apogee iQTM, which integrates risk processes and strategy with critical functions like vendor management and regulatory compliance, catering specifically to credit union strategy and operations.

Vendor Risk Management (VM)

The company provides Vendor Risk Management services to assess and manage the risks associated with third-party partners, ensuring secure and compliant vendor relationships for credit unions.

Operational Risk Management (ORM)

Rochdale's ORM services focus on managing risks inherent in the operational processes of credit unions, with the aim of ensuring stability and regulatory compliance in day-to-day operations.

Strategic Planning

Rochdale assists credit unions in strategic planning by analyzing potential vulnerabilities and anticipating future challenges, helping them to make better decisions and prepare for uncertainty.

    Strengths

  • Specializes in risk management, strategy, and governance services for credit unions

  • Focuses on building risk-intelligent solutions for better decision-making

  • Leverages technology to optimize credit union operations and improve risk management abilities

  • Offers strategic planning services that help credit unions align risk tolerance with strategic goals

    Weaknesses

  • Services may be more suited to credit unions looking for strategic long-term planning rather than immediate solutions

  • The firm's specialized focus might limit the variety of services compared to competitors with broader offerings

Getting Started

With Rochdale, the first steps after signup will involve leveraging their expertise in risk management, strategy, and governance for credit unions. They will likely provide an in-depth review of your current practices and offer strategic planning services. Their onboarding process seems to be consultative in nature, focused on aligning their solutions with your credit union's goals. To get started, contact Rochdale through their website. If Rochdale doesn't appear to be the right choice, you may review other companies in our rankings.