Trust Exchange has helped over 50 credit unions create and maintain world class vendor management programs. Join Trust Exchange's CEO and VP of Customer Success to review best practices and costs associated with Credit Union Vendor Management.
Trust Exchange Appoints Randy Bradley to Board of Directors
Experienced Business Transformation Executive Joins Collaborative Business Information Services Leader
Thursday, April 11, 2019 8:00 AM
Collaborative Compliance Leader Certified for Cloud Performance, Scale, and Security
MEDIA, PA / ACCESSWIRE / April 11, 2019 / Trust Exchange, the leader in Collaborative Business Information Services, today announced that the Trust Exchange Platform has achieved Advanced Technology Partner (ATP) status in the Amazon Web Services (AWS) Partner Network (APN). The new partner status is recognition of Trust Exchange's ability to reimagine and automate business information, vendor management, and compliance processes with the security and scale of the world's leading enterprise cloud.
To attain ATP status, Trust Exchange not only had to have its platform certified via AWS's stringent technical certification. The company also had to validate its expertise through a wide range of enterprise references that demonstrated strong customer value. Trust Exchange provides timely and critical business information while streamlining and automating vendor management and compliance processes for a wide range of financial institutions.
"Compliance challenges are growing exponentially for financial institutions, and the global scale and agility of a cloud platform like AWS are essential to help organizations to keep up," said Ed Sullivan, Founder and CEO at Trust Exchange. "We are pleased to extend our partnership as an Advanced Technology Partner in the AWS Partner Network so that we can continue to help our customers securely and scalably manage critical compliance and vendor management processes in the cloud."
Trust Exchange pioneered the concept of Collaborative Compliance, enabled by the Trust Exchange Community. The Trust Exchange Community is a community of businesses that securely disclose and monitor key information to increase their trust in each other. Compared to traditional business information services that provide limited, stale, and non-actionable information, Collaborative compliance delivers flexible, timely, and actionable information for compliance and risk management professionals.
To learn more about Trust Exchange and to join for free, visit https://web.trustexchange.com/register.php.
About Trust Exchange
Trust Exchange is disrupting the $40B Business Information Services market by enabling companies to securely disclose and monitor key information about customers, vendors, and partners with a centralized, secure cloud platform. Trust Exchange provides Collaborative Compliance, dramatically lowering the cost of compliance by helping institutions automate critical compliance activities, build deeper trust with customers, vendors, and partners, and monitor their own company's reputation performance over time.
For more information, visit www.trustexchange.com.
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SOURCE: Trust Exchange
This year, I will team up with Jake McDonald, Director, CBIZ Credit Risk Advisory to deliver a breakout entitled “Third Party Risk Management in the Cloud.” The session will discuss the new compliance challenges introduced by the proliferation of cloud services, and why a different approach is required to enable organizations to take advantage of cloud computing while maintaining compliance. Also included will be a case study of a large global financial institution that is using Trust Exchange to automate and manage compliance processes across a wide range of Amazon Web Services.
Trust Exchange is a “network effect” solution where both all participants can securely share key information required to meet regulatory obligations. This unique solution enables financial institutions of all sizes to to greatly reduce their costs while increasing compliance readiness, especially for complex compliance problems such as third party management. By leveraging Trust Exchange, LID CU’s can gain an advantage, automate this key compliance issue and enable it’s team to focus on their members.
Join us on Thursday February 28th at 12 Noon EST as we study the true cost of vendor management. During this webinar, we will take a look at the tactical costs of interacting and transacting with Third Parties as well as make a case to consider a well designed vendor management program a valuable asset.
Topics to be covered:
Definition of Vendor/Third Party
Vendor On-Boarding Best Practices
Vendor Monitoring Policies
Results of Trust Exchange Vendor Management Cost Study
Analysis of Results and ROI
Impact of Collaboration..Value Creation
This will be following by a Question and Answer session. Additionally, we may be joined by an industry expect to share their experience. Don’t miss this one!
The digital transformation of compliance has begun. The emergence of technologies such as cloud computing, artificial intelligence, crowdsourcing and block chain have accelerated the pace of dematerialization in industry.