Excellence in Service Provider Audits
Reducing cost of compliance and
data protection

Situation
A leading global investment bank needed an independent organization to conduct risk assessments of third-party relationships globally.
Client needed assurance of service providers protecting personally identifiable, confidential, and highly confidential information.
Problem
Wide variation in partner size ranging from as few as 3 employees to more than 10,000 employees.
Vast amount of data shared between the client and 3rd party service providers.
Needed the ability to scale up to 200-300 reviews on an annual basis.
Eliminating audit bottlenecks and ensuring regulatory compliance
Situation
A large mortgage guarantee company was struggling to maintain compliance with the Gramm-Leech-Blilely Act.
Problem
Business unit owners were aggressively pursuing new partners, putting tremendous stress on the IT audit function.
Current approach was too difficult to quantify and analyze.
Client was concerned about implementing an overly complex solution.
