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TruSight Appoints Jonathan Pressman as CEO

TruSight, the financial industry’s leading third-party risk utility, today announced the appointment of Jonathan Pressman as its CEO.

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Media Coverage

FinTech Zoom: Jonathan Pressman Now CEO of Third-Party Risk Management Organization, TruSight

FinTech Zoom covers TruSight’s news that Jonathan Pressman has been named CEO. Taryn Thompson, chief procurement officer of Bank of America explains, “The business is embracing the TruSight customary, the evaluation portfolio is rising, and suppliers and monetary establishments are realizing the numerous advantages that accrue from adopting the TruSight methodology. Jonathan has performed a key half in TruSight’s success, and we’re assured that beneath his management, the corporate will proceed its fast development trajectory.”

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Media Coverage

Global FinTech Series: Jonathan Pressman Named as TruSight CEO

Global FinTech Series features TruSight’s announcement detailing Jonathan Pressman’s appointment as CEO. Pressman’s leadership comes as the financial services industry accelerates adoption of TruSight.

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Media Coverage

Bank Business News: TruSight Appoints Jonathan Pressman as CEO

Bank Business News highlights TruSight’s appointment of Jonathan Pressman as its CEO. Pressman’s appointment comes at a pivotal moment for the company, which has been rapidly expanding in the third-party risk space as key suppliers to the financial services industry have embraced TruSight’s methodology and participated in its risk assessment process.

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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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svgImg Coronavirus Statement

Coronavirus Statement

Our highest priority at TruSight Solutions is to maintain health and safety, and we are closely monitoring the global situation regarding the spread of coronavirus (COVID-19.) At the same time, we remain steadfast in our commitment to deliver assessment products of the highest quality for our customers and assessed parties. In light of these dual goals, this statement addresses precautions and strategies that TruSight is implementing with respect to on-site assessments and the assessors who conduct these facility visits.

Assessors who have been assigned to conduct on-site assessments have attested that they have not traveled in the past 30 days to a country with a Level 2 or Level 3 designation from the U.S. Centers for Disease Control and Prevention. (A Level 2 alert is for enhanced precautions, and a Level 3 warning is to avoid non-essential travel.)

Upon request, each individual assigned assessor will confirm this assurance in writing via email.

Any assessor currently conducting an assessment in an affected country is bound by the country’s domestic regulations and will remain in that country as long as required.

Assessors have been instructed to escalate any personal travel concerns to their manager. Individual concerns will be respected and assignments adjusted accordingly.

For reasons of health and safety, there could be a delay in conducting an assessment and/or delivering a product where a country is prohibiting travel or otherwise inhibiting movement that is necessary for such assessment. In this event, we will inform impacted vendors and customers as soon as we become aware of the situation. We may also propose performing a remote assessment in lieu of an on-site assessment and making adjustments accordingly.

As the coronavirus situation quickly evolves, TruSight is closely following developments from the World Health Organization, U.S. Centers for Disease Control and Prevention, and other domestic and international bodies. If you have questions or concerns, please reach out directly to your TruSight contacts.

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