Strunk at WBA’s Education Summit & Regulatory Compliance Conference

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Strunk is excited to be exhibiting once again at the Western Bankers Association’s Education Summit & Regulatory Compliance Conference next week, August 25th-28th. This year hosted at the Hyatt Regency Huntington Beach, the event always proves to have many learning opportunities for bankers to gain insight into the most current information facing our industry.

In addition to visiting with many current clients, we look forward to showing attendees the latest features offered by our Governance, Risk Management and Compliance (GRC) software. The solution now includes six GRC tools – Risk Assessor, Policy Manager, Controls Manager, Skills Manager, Issues Manager and the all new Vendor Manager.

Vendor Manager provides an easy to follow standardized process to assess risk, gather due diligence materials, evaluate contracts and stores all vendor documentation in one convenient place. Vendor Manager keeps everything organized, is simple to use and of course follows the latest FFIEC guidelines.

Please stop by booth 28 to learn how to improve compliance, streamline responses, and enhance collaboration… all with less effort. All bankers will also have the opportunity to enter to win a $250 Amazon gift card from Strunk. We can’t wait to see you!

Strunk at COCC Foxwoods

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We were happy to see so many friends and clients at the COCC Annual Client Conference earlier this month. We were definitely on friendly ground, as we have now implemented our solutions for well over half the COCC base. This event set a new attendance record for COCC. Thank you to everyone who dropped in to see us and congrats to Maria Sgambati at Everett Co-operative Bank who was the winner of our $250 Amazon gift card.

At the conference we were able to show off some of the latest improvements in our Governance, Risk Management and Compliance (GRC) software. We have upgraded Risk Assessor to version 2. It now includes automated feeds of peer data from the FDIC, consolidated risk and trend scoring, and an inline scoring history so you can see at the indicator level your scores on prior assessments. Policy Manager now includes more fine-grained reader logging and alerts.

We also were able to demo our new Vendor Manager tool for managing vendor risk. Vendor Manager provides an easy to follow standardized process to assess risk, gather due diligence materials, evaluate contracts and store all vendor documentation in one convenient place. Vendor Manager keeps everything organized, is simple to use and of course follows the latest FFIEC guidelines.

An independent certified public accountant has examined Strunk’s operations and found them to be in compliance with the AICPA’s Trust Service Principles. It was determined that Strunk meets the Security, Availability, Processing Integrity, Confidentiality, and Privacy criteria for SOC 2 established by the AICPA.