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BNY Mellon Joins TruSight as Key Investor and Client to Transform Third-Party Risk Management

TruSight, Created By Leading Financial Industry Participants, is an Innovative Industry Initiative To Combine Best Practices, Standardize Processes and Deliver Comprehensive Third-Party Risk Assessment Services

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Media Coverage

JPMorgan, Wells Fargo Form Company to Handle Partnership Vetting

For Bloomberg, reporters Julie Verhage and Jennifer Surane highlight how American Express, Bank of America, JPMorgan Chase, and Wells Fargo came together to establish a new company called TruSight to help banks streamline risk assessments of suppliers and partners.

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Media Coverage

U.S. Financial Giants Create Consortium to Vet Third Party Suppliers

Reuters Dan Freed features the increasing innovation in financial services including the launch of TruSight to help banks standardize the work of vetting third party suppliers and partners.

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The New Industry Standard for Third-Party Risk

TruSight is an industry-initiated utility that combines best practices and standardization to deliver comprehensive third-party risk assessment services.Founded by a consortium of leading financial institutions including American Express, Bank of America, BNY Mellon, JPMorgan Chase and Wells Fargo, TruSight’s unique approach harnesses this industry expertise to deliver best-in-class information collection and validation.

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