ProcessUnity
Third-party and cybersecurity risk management software that helps financial institutions oversee vendors and satisfy regulators.
Overview
ProcessUnity provides software for third-party risk management and cybersecurity risk management, with an offering aimed at financial services firms that must demonstrate vendor oversight to regulators. Institutions use it to score the inherent risk of each vendor, scope due diligence to that risk profile, identify vendors with access to nonpublic or personal data, and track issues found during assessments through to mitigation.
The platform combines assessment questionnaires mapped to regulations and standards, content feeds from data providers, internal assessments, continuous monitoring and KPI tracking. Configurable dashboards and reporting show the third-party risk posture and the status of open requests.
Key Features
- + Vendor inherent risk scoring
- + Risk-based due diligence scoping
- + Regulation-mapped assessment questionnaires
- + Issue and mitigation tracking