Streamline the SOC2 process
SERVICE providers are often required to demonstrate they can be trusted to provide their services with a high degree of security, privacy, availability, integrity, and confidentiality, typically by providing the results of a System and Organization Controls (SOC2) report prepared by an independent CPA firm.
A SOC2 review can be disruptive as your organization scrambles to provide the auditors the detailed information they require collected from the typical patchwork of spreadsheets, word documents and PDFs that comprise many organizations control systems. Strunk Risk Manager can dramatically streamline this exercise by organizing and automating your compliance process.
Strunk Risk Manager will transform your annual SOC2 review from ordeal to ordinary. Your executive team, board—and you—will sleep better at night knowing your organization has a well-organized, streamlined, and thoroughly-documented compliance management program in place.
When I was Chief Risk Officer at a $750M bank, we implemented Strunk’s ERM Solution. It brought together all areas of the risk assessment process into one easy to use format and we eliminated the Excel spreadsheets. I highly recommend it for any size bank.
We adopted Strunk’s Policy Manager to centralize all policies and the related policy management functions into one system. Everything is in one standard format, policy ownership and access is assigned and policy edits, approvals, employee and board review schedules are managed from one location. Strunk was easy to work with throughout the project and was very open to adding enhancements to their program, adding value to our policy process.
Strunk’s Risk Manager program is a great product that makes the risk assessment process easy to manage and is proving to be very helpful to us.
Our policy and control structure is very complex, having both a broker/dealer and an investment advisory firm. Policy Manager allows us to easily organize a large volume of policies and maintain our control testing documentation all in one convenient place—a significant improvement over our previous process!
Strunk’s implementation of Risk Manager was excellent. Impressive software you all have developed.
Our implementation process was well organized and efficient. Our initial risk assessment template and policy upload were complete in only 8 weeks. The Strunk team was great and we look forward to using these tools!