Collaborative Compliance works! The network effect is pretty powerful. As we've mentioned before, the compliance challenges for Credit Unions are very complex. The impact we've had on credit union compliance has been jaw-dropping. We're saving credit unions 50-80% on their vendor compliance programs. Collaborative Compliance works by "crowdsourcing" the exchange of compliance documents between the credit unions and their vendors. It's a complex problem and Collaborative Compliance solves it.
Currently, vendor compliance for Credit Unions is an endless document chase using emails and spreadsheets. With Trust Exchange, we flip the work to the Vendors and provide Credit Unions with actionable information in near real-time. All viewable via customizable dashboards.
Learn more HERE!!!