CoNetrix tandem Software
Tandem: an association or partnership where all parts work together towards the same goal
Why tandem?
It's all in the name. CoNetrix tandem software is an online solution that helps
ease the burden of regulatory compliance. We have done the research up front so
you can be compliant with information security regulations in much less time. Don't
labor over extensive language and making sure updates are made to all the right
documents. Let us work in tandem with you so you can accomplish your compliance
goals
Who is tandem for?
tandem software was built specifically for financial
institutions (banks, savings associations, credit unions, and trust companies) to
help increase security, stay in compliance, and lower overhead costs. We understand
bank employees, especially for community banks, are asked to wear numerous hats,
and with the continued increase in compliance burden, it is hard to keep your balance.
In the past, we have primarily assisted banks with their security and compliance
needs through expensive consulting, but now with CoNetrix tandem software, you can
save time and money without sacrificing security or compliance.
tandem Modules
Information Security/GLBA Risk Assessment
The foundation of an Information Security Program is a Risk Assessment. The tandem risk assessment software takes you through
a multi-step process to help you identify reasonably foreseeable threats, assign
risk levels, and define controls. Read more
Information Security Policies
Security Policies establish the foundation for a customized security plan for your
financial institution. The tandem policies software helps you define your policies,
manage implementation, identify verification, and create an acceptable use policy.
The software comes complete with around 60 pre-populated policies, customized to
fit your financial institution based on a formal questionnaire. Read more
Vendor Management
Financial institutions often rely on third parties for various services or products;
however, the institution’s Board of Directors and senior management is still ultimately
responsible for overseeing the relationship and managing the risks arising from
the relationship. The tandem vendor management software will assist your financial
institution with its vendor management program by providing a framework to streamline
the process of collecting, reviewing, and documenting pertinent information about
your service providers. Read more
Business Continuity Planning (BCP)
Business continuity is a critical process for any company, but especially for financial
institutions. The tandem business continuity plan software will facilitate the development
and maintenance of a Business Continuity Plan/Disaster Recovery Plan, following
FFIEC, FDIC, OCC, OTS, Federal Reserve, and NCUA guidance and helping you address
adverse events such as natural disasters, biological pandemics, technological failures,
human error, and terrorism. The software includes template checklists and a formal
Business Impact Analysis (BIA) process to help define and manage business process
recovery. Read more
Identity Theft Prevention Program (ITPP)
The FACT Act requires financial institutions
or creditors to develop and implement a written Identity Theft Prevention Program
to detect, prevent, and mitigate identity theft. The tandem red flag program will
assist your financial institution in creating your Identity Theft Prevention Program
document and online Identity Theft Red Flags employee training customized for your
red flags. Read more