ProcessUnity in the News
ProcessUnity is a leading provider of cloud-based applications for governance, risk and compliance and product and service offer management. Read what the industry is writing about our company, our products and our customers.
August 23, 2016
ProcessUnity's Todd Boehler outlines how to build a culture that adheres to federal policy while making lending practices defensible and completely transparent to auditors.
August 2, 2016
How many third- or fourth-party vendors are in your supply chain? Given that a cloud service is often comprised of multiple vendors, where does your supply chain begin or end? How can you best vet your vendors to minimize risks to your enterprise? More and more security practitioners are having these conversations as they have seen the cold, hard evidence that many breaches are the result of a third-party vulnerability.
May 11, 2016
At the root of a CFPB audit is the intent to determine if mortgage companies are complying with the federal guidelines designed to protect consumers from unfair lending practices. Central to ensuring adherence is a robust policy and procedure management framework that is designed to allow organizations to determine if their internal structure supports the requirements they are expected to uphold. That’s why in many ways the CFPB audit is as much an examination of adherence to policy as it is a thorough shake-down to ensure that internal culture reflects a consumer-first approach to lending practices.
April 19, 2016
In the mortgage industry, the potential for an audit by the Consumer Financial Protection Bureau is often associated with either fear or uncertainty. Following the mortgage meltdown of the early 2000s, increased levels of government oversight became a new reality, with watchdogs like the CFPB ensuring mortgage companies are complying with the federal guidelines designed to protect consumers from unfair lending practices.
April 11, 2016
ProcessUnity, a provider of cloud-based applications for risk management, has enhanced its Third-Party Risk Management solution with integration to the Shared Assessments Program.
March 15, 2016
Argos Risk and ProcessUnity today announced an alliance to integrate Argos Risk Online with ProcessUnity’s cloud-based Third-Party Risk Management solution. The integration allows organizations to automatically assess the overall financial health of third-party providers and key business partners as part of a comprehensive vendor due diligence process.
February 22, 2016
ProcessUnity and CastleHill Managed Risk Solutions have announced a partnership to offer managed risk and compliance services for small- to mid-tier organizations. The partnership combines ProcessUnity’s suite of cloud-based risk and compliance management solutions with CastleHill’s GRC expertise and program methodologies to create outsourced programs for industry compliance, vendor risk management and many other GRC-related initiatives.
December 15, 2015
Vendor risk management (VRM) programs evaluate, track, and measure third-party risk to assess its impact on a business, and help develop controls or other forms of mitigation to lessen the impact if something happens. It is important that a VRM program reflects and enforces an organization’s internal controls framework, ensures compliance with government or industry regulations, and achieves consistency with all vendors.
October 15, 2015
ProcessUnity this week introduced ProcessUnity for Salesforce, an application that simplifies data exchange between ProcessUnity’s risk management suite and offer management solutions and Salesforce. Available on the Salesforce AppExchange, ProcessUnity for Salesforce allows organizations to make risk management and compliance data as well as key product and service information available to sales and client service teams in their familiar Salesforce interface.
September 29, 2015
Rare is the business these days that can afford to be cavalier about the regulatory scrutiny on its supply chain. Rarer still is the enterprise not working hard to gain more visibility into its extended family of vendors and suppliers. But are they doing what needs to be done effectively and efficiently?
September 24, 2015
Many credit unions and other financial institutions act tactically when it comes to assessing and monitoring how third parties manage risk. As an example, our organization was recently asked to provide an official response describing how it dealt with the Shellshock vulnerability. Frankly, querying a vendor on a single specific threat (in a universe of thousands) isn’t the right approach.
August 12, 2015
ProcessUnity, a provider of cloud-based applications for governance, risk and compliance management, recently announced the unveiling of new features and enhancements across 24 key application areas—all designed to expand data access, eliminate manual processes, and ensure overall program and user effectiveness.
August 4, 2015
Cloud-based application and technology provider ProcessUnity revealed an expansion of its sales- and compliance-support services for financial advisers and investment service providers, as well as new integration with Salesforce and other customer relationship management (CRM) systems.
June 26, 2015
In a conversation with PLANADVISER, Lisa Weil of ProcessUnity shares insights gained from experience launching earlier digital tools for qualified retirement plan sponsors.
June 2, 2015
Regulatory bodies including the Office of the Comptroller of the Currency (OCC) have made clear that when a bank outsources functions to third parties, the bank is still responsible for managing risks associated with those functions. But what if the third party then outsources certain functions to yet another company? Is the bank now expected to manage risks associated with that company, which is now a fourth party vendor to the bank?
April 14, 2015
How robust is your credit union's vendor risk management program? If you are unsure how your third-party associations are impacting you CU, this ultimate checklist will help you assess your vulnerability, mitigate risk and prevent a serious breach.
April 14, 2015
The list of companies tripped up over misconduct committed by their third parties is long. In fact, try recalling a big anti-corruption scandal that did not involve a company’s third parties. Compliance officers straddle the horns of that dilemma: in today’s complex business environment, almost every company depends on outside vendors and other third parties to some extent. But for all the efficiency gains that tactic might bring to operations, good luck taming the growing risk exposure that comes along with it. Pondering a way out of that dilemma was the subject of Compliance Week’s most recent executive roundtable, held in New York and co-hosted by Process Unity. The dozen participants all agreed that the idea of vendor governance is a valuable one, even if individual business’s success at it varies widely.
March 24, 2015
Maintaining supply chain operations, especially across state and international borders, can be a major challenge for organizations. Part of what makes supply chain continuity such a challenge is the reliance on and management of vendors. Vendor management across the supply chain is something most organizations have to deal with, yet not all know where to start.
March 6, 2015
For some organizations, the decision to move to the cloud is both obvious and instant. For others, cloud solutions represent intolerable risk. Certainly the challenges of assuring quality, protecting information and meeting service availability requirements in today’s extended enterprises are present in the cloud, just as they are with other outsourced solutions. Yet in the cloud, these risk factors are more greatly feared. Why?
March 2, 2015
Banks have an opportunity to not only specify and assess controls, but also inspire a strategic and robust approach to risk management.
February 19, 2015
According to ProcessUnity's Sean Cronin, banks have an opportunity to not only specify and assess controls, but also inspire a strategic and robust approach to risk management.
January 22, 2015
December 28, 2014
December 23, 2014
December 22, 2014
October 23, 2014