Trust Exchange Announces Partnership With Strategic Risk Associates

Strategic Risk Associates enhances Watchtower's vendor management platform for banks and credit unions, now powered by Trust Exchange

Trust Exchange, a collaborative compliance platform, today announced that it is launching a partnership with Strategic Risk Associates (SRA), to offer a secure and scalable vendor information management solution to their clients. SRA is a leading provider of integrated risk and performance management software (Watchtower) and consulting solutions. SRA's proprietary technology and methodology were designed and built "by bankers, for bankers", enabling clients to navigate risk and drive growth.

SRA's vendor management platform will feature a powerful information management capability powered by Trust Exchange technology. Trust Exchange's groundbreaking platform allows companies to build secure, customizable networks in order to connect, collect and directly exchange mission-critical business information in real-time. Through the power of Trust Exchange's platform, SRA customers will now be able to automate, monitor, and manage their third-party vendor risk in real-time.

SRA is led by a team of bank executives with deep experience in risk management," says Edward Sullivan, CEO of Trust Exchange. "The melding of their experience and risk management leadership with Trust Exchange's Collaborative Compliance platform will bring an entirely new way for financial institutions to manage their third party risk."

We're excited to partner with Trust Exchange and be able to offer their innovative platform to our customers." says David Dean, Chief Strategy Officer of SRA. "Trust Exchange is reinventing the compliance space with their collaborative cloud technology. With this partnership, our customers will have even more tools to automate their risk management and compliance processes."

About Trust Exchange
Trust Exchange is a business information gateway that allows for the exchange and verification of mission-critical information with partners, suppliers and third parties. Trust Exchange is a cloud-based, secure, and scalable platform with high configurability and customization. With a unique approach of peer 2 peer crowdsourcing, Trust Exchange allows customers to automate compliance and regulatory management with high accuracy and real-time data. Trust Exchange is currently serving financial institutions, government, and businesses nationwide.

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About Strategic Risk Associates
Strategic Risk Associates (SRA) is a technology solutions provider and risk management consulting practice serving the Financial Services, Insurance and Technology industries. SRA's proprietary technology and methodology were designed and built "by bankers, for bankers", enabling clients to navigate risk and drive growth. SRA Watchtower is a risk intelligence and intuitive performance management platform built to continuously inform, enlighten, and empower banking executives and boards. SRA has helped hundreds of banks effectively navigate through significant risk events since the 2008 financial crisis. Learn more here.

PR contact: Madeline Sullivan, msullivan@trustexchange.com

Source: Trust Exchange

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Categories: Banking, Finance, Insurance

Tags: banking, compliance, risk


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Trust Exchange builds powerful digital information gateways that allow for the trusted exchange and verification of mission-critical information with partners, suppliers and third parties.

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