“Utilizing technology is an effective solution to an efficient compliance program.”
Utilizing technology is an effective solution to an efficient compliance program. BDP vets and tracks its partners through Trust Exchange software which creates customized solutions for compliance monitoring. We rate partners through “trust certificates” benchmarked against best practices in the industry. Monitoring is automated, thus we maintain oversight in real time and are alerted once behavior deviates from the policy.
— Catherine Muldoon & Caitlin Smith, BDP International
“Today every business relies on more allies, partners, and vendors than ever before.”
It’s a networked world and keeping track of just the names of all the players who contribute to your organization’s success can be challenging, let alone the key data and information you need to defend them during vendor due diligence audits. You feel like you know your partners, but without the data can you prove you know your partners? Trust Exchange data is part of our plan to know our partners.
The Trust Exchange platform enables us to scale our compliance and deliver superior experiences for both AuditLink customers and our internal stakeholders.
— Jim Vilker, AuditLink Manager, NCCO, CAMS
“The operative word with Trust Exchange is that the system is dynamic, not static like most paid for vendor management systems, or free ones such as our own Risk Management Report Generator.”
— Patrick Sickels, Internal Auditor, CU Answers