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Financial trust starts with resilient governance and compliance

North American financial institutions face growing pressure from regulators, boards, and customers. Bitsight helps GRC leaders simplify compliance, manage third-party risk, and deliver trusted reporting with confidence.

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Financial institutions rely on a vast network of third parties, each introducing potential vulnerabilities and compliance challenges. GRC teams struggle with limited visibility, mounting regulatory demands, and the complexity of managing vendor risk at scale. What’s needed is a clear, proactive approach to identify risks, streamline compliance, and strengthen resilience across the supply chain. Here’s how leading GRC teams address these challenges:

Regulators (SEC, OCC, NYDFS) demand faster, stronger compliance evidence

Vendor risk assessments slow down onboarding and deal execution

Reporting to boards and regulators is manual and inconsistent

Executives need cyber risk explained in clear financial terms

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When a major security event occurs, how do you assess and mitigate the impact across your portfolio? Tailored exposure evidence with scalable questionnaires—now that’s effective remediation.

  • Initiate vendor outreach and track responses to critical vulnerabilities.
  • Identify and prioritize exposed vendors with the most extensive third-party vulnerability research.
  • Leverage our proprietary DVE score to evaluate the likelihood of a vulnerability being exploited.
  • Distribute templated questionnaires to your vendors to quickly assess exposure and increase response rate.
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Simplify governance and compliance in financial services

Bitsight helps financial institutions meet regulatory requirements, manage vendor risk, and deliver trusted reporting to boards and regulators. With continuous monitoring and objective metrics, teams can prove compliance and strengthen resilience. See it in action with a personalized demo.

Why Financial Services GRC Teams Choose Bitsight:

  • Regulator-ready reporting with objective data
  • Automated vendor risk assessments to speed onboarding
  • Financial quantification executives and boards understand

 

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