Industries - FinTech
Information Security and Compliance Software for Financial Technology Companies
Financial technology ("fintech") companies are often expected to meet the same governance, risk management, and compliance (GRC) requirements which apply to their clients (e.g., banks, credit unions, etc.). Developing and managing an information security program alone can be burdensome without the right tools.
Tandem is a software-as-a-service (SaaS) designed to make it easy for fintechs to create and manage the elements of their information security programs.
Tandem's original design was to help community financial institutions increase security and stay in compliance with the Gramm-Leach-Bliley Act (GLBA). Fintech companies can now find the same benefits from our integrated suite of solutions.
The Tandem GRC web application includes Vendor Management, Incident Management, Risk Assessment, Policies, Business Continuity Planning, and more. Each solution provides the framework and recommended content a financial technology company needs.
Save time and money by partnering with Tandem to help you build an information security program your clients would be proud to have.
Tandem tracks and implements changes to our suite of products in accordance with information security regulations and guidance for financial institutions. This means, you can partner with us to help ensure your cybersecurity program stays up to date.
Our software helps you maintain compliance with the following sources of regulatory guidance.
- Gramm-Leach-Bliley Act (GLBA)
- Federal Financial Institutions Examination Council (FFIEC) IT Examination Booklets
- Federal Deposit Insurance Corporation (FDIC) Financial Institution Letters (FILs)
- Federal Trade Commission (FTC) Standards for Safeguarding Customer Information
- Federal Reserve Board (FRB) Supervision and Regulation Letters
- National Credit Union Administration (NCUA) Supervisory Letters
- Office of the Comptroller of the Currency (OCC) Bulletins
- Cybersecurity and Infrastructure Security Agency (CISA) Alerts and Tips
- National Institute of Standards and Technology (NIST) Publications
Review visual representations of your identity theft prevention program on a dashboard.
Evaluate useful insights into your red flags risk assessment, as well as a series of reports, designed to ensure your program does not contain any missing or incomplete data.
Use more than 30 flexible reports to increase visibility into your vendor relationships and identify gaps in your vendor oversight program.
Based on the data stored in Tandem's central database, these reports provide accurate and efficient details about your vendor contracts, documents, and reviews. Get equipped you with the data you need to make informed decisions.
Gain full insight into your upcoming and past due oversight events through a calendar view, reports, and customizable email reminders.
Ensure responsible parties are aware of events such as contract expirations, termination notices, document expirations, and scheduled reviews.
Effortlessly generate consistent and professional documents on the fly to share with your executive team, board of directors, auditors, and examiners. These customizable documents are available in Microsoft Word and Adobe PDF formats.
Access your BCP documents, employee list, and vendor contact information from mobile devices. Easily send employee alert messages from your mobile device.
Tandem's entire suite of SaaS products are design specifically to help financial technology (fintech) with limited resources, improve their information security, stay in compliance, and lower overhead costs.
Conduct and respond to audits through a unique framework designed to help you manage, track, and report on the results.
Business Continuity Planning
Define and outline plans and procedures to effectively manage operations before, during, and after a disaster.
Identify, schedule, and track important compliance projects and deadlines, such as reporting, audits, training, and operations.
Complete and report on the FFIEC Cybersecurity Assessment Tool using a streamlined framework. Report your growth plan and peer comparison data to management.
Identity Theft Prevention
Create your Identity Theft Prevention Program document, along with customizable employee training for Identity Theft Red Flags.
Prepare for security incidents by developing an incident response plan. When incidents do occur, track and document them throughout your incident handling process.
Internet Banking Security
Create risk assessments for different types of customer e-banking accounts. Offer education to your customers with expert-designed security awareness materials.
Test and train your employees to recognize and avoid social engineering attacks by sending simulated phishing emails.
Create and maintain your enterprise-wide policies in Tandem. Use our Information Security Policies set, tailored for your fintech company through a multiple-choice questionnaire.
Perform an information security risk assessment, as well as individual information asset risk assessments with our easy-to-follow format in Tandem.