Fintech
ProcessBolt TPRM for Fintech
Fintech companies are disrupting the traditional financial services industry with innovative products and services, but they also face unique challenges in managing vendor risk. Vendor risk management is vital for ensuring the reliability, security, and scalability of fintech solutions, as well as complying with the diverse regulatory requirements of different markets and jurisdictions. As regulators and customers increasingly demand transparency, vendor risk management has moved from a supportive function to a strategic imperative.
ProcessBolt offers a fully integrated, AI-driven vendor risk management platform that helps Fintech organizations effectively manage vendor risk.
Why Fintech Organizations Choose ProcessBolt
Assessing Vendors
- Fully-Integrated Platform
ThreatScape correlates attack surface data with assessment responses, ensuring the alignment and consistency between the two. - AI-Driven
ProcessBolt AI reads all policy documentation and adds citations to each assessment response, ensuring instant verification of responses. - Configurable
The platform makes it easy to configure complex workflows and scopes to fit the needs of an organization. - Ease-of-Use
Our platform enables a single person in your organization to manage the entire vendor risk management process. - Real-Time Attack Surface Data
We source all our data internally via proprietary algorithms and do not rely on batch data.
Responding to Assessments
- Automated Response Functionality
Proprietary DNLP technology enables auto-population of security assessments based on historical responses. - Reduced Sales Cycles
Accelerate the completion of RFPs and security assessments during sales processes. - Consistent Responses
Knowledge base, the repository of historical responses, ensures consistent and up to date responses. - Time Savings
Reduces time to complete assessments by +80%. - Pre-Emptively Share Documentation
Expedite or even eliminate the assessment process by pre-emptively sharing documents with partners through Share Center.
ProcessBolt’s best-in-class platform
provides instant verification and continuous security
%
SECURITY BREACHES ARE RELATED TO THIRD PARTIES
AVERAGE COST OF A SECURITY BREACH
%
EXPECTED INCREASE IN THIRD PARTY RELATED INTRUSIONS
See ProcessBolt’s best-in-class VRM process yourself
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