FOR FINANCIAL INSTITUTIONS
Technology Vendor Management
Digital Compliance will acquire and maintain all of your technology service providers due diligence and compliance documentation.  With the Vendor Document Management Service Financial Institutions can log in and retrieve complete compliance packages on all of their technology vendors in seconds.
Disaster Recovery Management Service
When your institutions disaster recovery plans are already written and you need an offsite location that employees can access in the event of a disaster!

FOR TECHNOLOGY SERVICE PROVIDERS
Technology Service Provider Complete Compliance/Due Diligence Package Management and Client Delivery
Digital Compliance Member Technology Service Providers can provide a complete and current compliance/due diligence package to their clients with the click of a mouse!

Why We Do What We Do:

Over the last several years, banks, credit unions, brokerages, and insurance companies have raced each other to provide the customers with access to products and services via the internet. Very few of these financial companies had the resources to create this technology in-house and had to rely on third-party technology service providers to accomplish their goals. Hundreds, if not thousands, of technology companies sprouted up to service this new business opportunity. As the race progressed, it became evident that a great many of these brand new ecommerce companies had neither the secure technology nor financial wherewithal to effectively fulfill the needs of the financial services industry. Thus literally hundreds of financial services companies have had client data stolen, watched as their venders went bankrupt, and generally had their reputations besmirched. 

This cataclysm of events has caused the re-evaluation of due diligence and ongoing compliance monitoring by not only the financial institutions themselves, but also the regulatory agencies that oversee them, such as the FDIC, OCC, FRB, OTS, NCUA, and the SEC. These regulatory agencies have put a much higher degree of importance on due diligence and ongoing vender compliance monitoring of technology service providers. In fact, many federal regulatory auditors are requiring massive amounts of vender compliance documentation in order for financial institutions to pass their audits. By default, technology service providers have to produce this documentation and financial institutions have to acquire this documentation at great expense. Digital Compliance was formed to help financial institutions and their technology service provider vendors cope with the maintenance and expense associated with the management of due diligence and ongoing compliance documentation. This documentation is now required to do business with the financial services industry.

Digital Compliance has now become much more than merely a facilitator in the area of compliance and due diligence for financial institutions and the technology service providers who serve them.  We facilitate communication.  Whether it is through providing technology vendor due diligence with the click of the mouse, providing company wide access to disaster recovery plans at a moments notice, providing easy newsletter communication between technology providers and their clients, or providing financial institutions newsletter and marketing communication with their clients we’ve made it quick, easy, high quality, and inexpensive.  Contact us today to see how we can make your life just a little easier.