LexAlign offers a SaaS solution that automates the way financial institutions meet their customer audit, training, and support requirements. LexAlign’s proprietary SaaS platform extracts and delivers pertinent data on third-party actions that are vital for required oversight and risk management. LexAlign’s solution empowers financial institutions’ third-party network with assessment-driven technology that automatically generates gap analysis, action plans, and the policies they need to manage compliance and risk.
Empowering Third-Party Risk Management
LexAlign’s SaaS solution empowers financial institutions to effectively manage the risk of fraud, compliance, and information security across their network of customers, vendors, and partners—especially as it relates to Automated Clearing House (ACH), wire transfers, and Remote Deposit Capture (RDC).
The benefits of using LexAlign’s SaaS solution touch the entire financial institution ecosystem.
Provides financial institutions with the only scalable solution for managing third-party compliance and security risk.
Enables proactive and targeted third-party risk management for the entire customer and supplier ecosystem by replacing manual, reactive, error-prone, and hugely inefficient systems with automated insight.
Affordable and available to most financial institutions through popular core processors. Customized integrations available for larger financial institutions.
Accessed by financial institutions in the same way they access their other applications from their core processors, making it an easy-to-use turnkey solution that provides rapid time-to-value.
We review our compliance audit apps with regulators and incorporate their feedback. You can take comfort in using a vetted approach.
Standardized and Best Practices
Removes the cost and guesswork of formulating individual programs by consolidating best practices, making it the industry standard for third-party compliance and security monitoring and support.
Our solutions reflect the latest developments and information from industry experts and regulators. We keep your third parties updated on the latest risks, rules, and best practices.
Empowers third parties to proactively manage their risks, whereas they currently have no practical and affordable way to understand the rules, risks, and responsibilities that apply to them.
Industry-standard dashboards that consolidate and monitor third-party compliance & security audits and training.
Automated information extraction, analysis, and report generation means your staff is liberated to focus on business.