How a Third Party Spent Less Time on Assessments With Proactive Sharing
ComplySci cut down the time they spent filling out manual assessments by 45% – enabling them to focus on proactively managing their security and safeguarding customers’ data. And that’s not all.
The Company: ComplySci
Founded in 2003 by early pioneers in the development of
automated compliance management solutions, ComplySci is
now trusted by over 1,000 customers, including some of the
world’s largest financial institutions.
ComplySci is a leading provider of technology solutions that
help compliance organizations identify, monitor, manage and
report on conflicts of interest arising from employee activities.
The Problem: Spreadsheet assessments and endless phone tag couldn’t keep up
ComplySci is assessed over a hundred times a year, and gaining. Given the nature of their
offering, they are absolutely dedicated to safeguarding their
customers’ data, so finding a way to cut down the time they
spent on assessments so they could proactively manage their
security was not just a challenge for them, but a goal.
Overwhelmed with time required to manually complete each assessment
Assessed over 100 times a year via manual, static spreadsheets
Needed more time to focus on proactively managing their clients’ security
Breezed through CyberGRX’s comprehensive assessment once
One click of a button shares their dynamic assessment – reducing their time spent on assessments by 45%
The Solution: Dynamic assessments and sharing upstream on the Exchange
When one of ComplySci’s customers ordered a CyberGRX assessment on them – calling it the most comprehensive assessment they’d received – ComplySci agreed to use it in place of their own.
It was no surprise that their dynamic CyberGRX assessment reflected their
due diligence and dedicated security posture. That CyberGRX assessment has continued to pay dividends to ComplySci, as
they share it upstream with their other partners, proactively cutting down on their assessment requests.
Save over 400 hours with CyberGRX allowing them to instead focus on their clients
What ComplySci is Saying:
“The CyberGRX assessment process was comprehensive, yet seamless. The standardized assessment,
and their global risk information Exchange, will help us save 400 hours or more traditionally spent on
filling in assessments, so we can apply that time on proactively managing our security for our clients”
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