Industries - Mortgage Companies
Information Security and Compliance Software for Mortgage Companies
Managing information security requirements for mortgage companies can be a challenge. Implementing the standards while ensuring successful operations can feel like a juggling act without the right kind of help.
Tandem is a governance, risk management, and compliance (GRC) solution which makes creating and managing each element of the mortgage company's information security program easy.
The Tandem web application was built specifically for financial institutions, like mortgage companies, to help increase security, stay in compliance with GLBA and FTC regulations, and lower overhead costs.
Tandem's suite of GRC products for mortgage companies includes Risk Assessment, Policies, Business Continuity Planning, Vendor Management, Incident Management, and more.
Tandem is designed to help mortgage companies improve their security, maintain compliance, and save time by automating their cybersecurity processes with ease.
Tandem tracks and implements changes to our suite of products in accordance with mortgage company regulations and guidance. This means, you can partner with us to help ensure your information security policies, risk assessments, and other compliance documents stay up to date.
Our software helps you maintain compliance with the following sources of regulatory guidance for mortgage companies.
- Gramm-Leach-Bliley Act (GLBA)
- Federal Trade Commission (FTC) Standards for Safeguarding Customer Information
- Federal Financial Institutions Examination Council (FFIEC) IT Examination Booklets
- Consumer Financial Protection Bureau (CFPB) Information Technology Examination Procedures
- 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 software-as-a-service (SaaS) products are designed specifically to help mortgage companies 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 mortgage 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.