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Articles in "Press Release"

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

TruSight Completes Comprehensive Risk Assessment of Microsoft's Cloud Services

Industry-Standard Assessment Designed to Meet the Rigorous Third-Party Risk Management Requirements of Financial Institutions is Now Available On-Demand.

TruSight Accelerates Growth and Industry Adoption in 2019

TruSight, a leading third-party assessment utility, today announced that it finished 2019 with record revenues and assessment delivery, driven by the rapid adoption of its best-practices standard for third-party risk management in the financial services industry.

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.

TruSight Expands Industry Adoption of Its TPRM Methodology and Completes Its Second Round of Financing

American Express, Bank of America, JPMorgan Chase and Other Leading Financial Institutions Implement TruSight’s Standardized Methodology to Enhance Their Third-Party Risk Management Programs

TruSight Announces Record Year with 130% Year-Over-Year Revenue Growth

The Industry-Leading TPRM Utility Also Achieved 100% Year-Over-Year Growth of Assessment Deliveries to an Expanding Customer Base

John Shay Joins TruSight’s Board

New York, NY—February 8, 2021— TruSight, the financial industry’s leading provider of third-party risk data, today announced that John Shay, the chairman of…

TruSight Joins Cloud Security Alliance

TruSight, the financial industry’s leading provider of validated third-party risk data, today announced that it has joined the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. TruSight’s extensive experience in assessing cloud service providers and helping financial services organizations meet complex regulatory and industry requirements will bring a valuable perspective to the CSA and its members.

Akoya Completes the TruSight Risk Assessment to Expedite Data Security Reviews

TruSight has completed a comprehensive risk assessment of Akoya Data Access Network, ensuring that it meets financial data-sharing standards.

TruSight Launches New Technology Solutions to Optimize Customer Experience

TruSight’s new platform is purpose-built to enable the company to conduct assessments and interface with third parties and customers efficiently and effectively. The platform structures assessment data in a way that supports maximum flexibility in meeting customer needs while driving operational efficiency. Launched in April, the TruSight platform is a radically new data model that serves as the foundation for the implementation of its API interface and customized product templates.

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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