Managed Compliance

Automate compliance, reduce TCO, improve risk visibility

Gartner reported that by 2012, regulations for IT Operations will double. What is your institution doing to prepare for this? HEIT offers the only Managed Compliance Platform-as-a-Service using the foundation of enterprise GRC technologies. Independent studies showed this approach can result in cost reduction of 50%..

The enterprise-grade solution is no longer a privilege of the mega corporations – we offer the Platform to regional and community institutions so they can leverage the same benefits without the massive up-front expenditure. That means they can focus on important business goals while we handle compliance functions.

When you plug into the PCS-4 Platform and subscribe to the Managed Compliance service, your compliance state is continuously monitored, giving your stakeholders real-time visibility via informational dashboards and reports. With an integrated, forward-thinking approach to regulatory compliance, smart institutions leverage an examination readiness state that affordably scales as your organization changes. Managed Compliance service bundles include:

• IT Risk Assessment: Leverage access to elite compliance professionals, risk program reviews and reports, risk management protocol design, critical asset risk classifications, on-site risk assessment, remediation planning.
• Vendor management: Get the right vendor information at the right time. Services include risk tier program design and vendor ratings, vendor performance evaluation program design, vendor due diligence workflow design, and vendor risk analysis.
• Vulnerability management: Proactively manage your security posture with monthly scanning and vulnerability reporting, social engineering assessment and remediation, penetration testing, and training.
• GLBA management: Designed specifically for banks' and credit unions' GLBA requirements, the service includes regulation-specific program reviews, documentation, on-site controls assessment, and remediation planning.
• Policy and procedures: Design, standardize, and enforce enterprise policies and procedures. The standard policies and procedures meet the General Control standards for FFIEC and related regulations. P&Ps are parsed into 17 sections for each platform or area, designed so the policies can scale and facilitate efficient and cost-effective audit and maintenance efforts.
• Business continuity planning: Comprehensive BCP services support your continued operation in the event of a catastrophe. Services include business impact analysis, risk assessments, program reviews, training, user support, and design of recovery procedures, pandemic plan, critical contacts, and crisis management.

You’ll leverage one provider to design, monitor, analyze, and manage the compliance state of your entire environment. The PCS-4 Platform is backed by an entire team of risk management, security, compliance, and financial industry experts that are in lockstep with regulators so you can maintain a high degree of confidence in your compliance posture without having to scramble at audit time.

Contact us to learn more about ensure your regulatory compliance at a predictable cost so your IT staff can focus on strategic initiatives.