SEATTLE, September 30, 2021 — Quantivate, a leader in governance, risk, and compliance (GRC) software, today announced that Farleigh Wada Witt will play a larger role in enabling Quantivate bank and credit union customers to achieve regulatory compliance standards. The law firm will offer regulatory compliance guidance within the Quantivate Compliance Solution.
“Further incorporating Farleigh Wada Witt guidance into the Quantivate GRC Suite empowers our financial institution customers with the knowledge and tools they need to stay compliant and gain a competitive edge,” said Quantivate CEO and Founder Andy Vanderhoff. “They benefit from the support of both a leader in banking and finance legal services and a leader in GRC technology and services.”
For more than eight years, Quantivate has partnered with Farleigh Wada Witt to assure Quantivate Vendor Management customers that they are complying with requirements set by regulators including the National Credit Union Administration, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency. Now their collaboration widens the law firm’s services within Quantivate’s integrated and scalable GRC system.
The Quantivate Compliance Solution enables banks and credit unions to centralize and streamline compliance risk management. It helps organizations implement an effective compliance program framework that supports business strategy and performance while solving specific management challenges related to regulatory change, policies, and consumer complaints.
While using the Quantivate Compliance Solution, customers will be able to take advantage of Farleigh Wada Witt guidance covering Federal Trade Commission and IRS regulations, as well as specific callouts to board-approved policies, forms, procedures, products, services, training, and other impact areas.
“This is a perfect fit for our firm and Quantivate to enhance and extend top compliance resources to Quantivate’s existing and new bank and credit union customers,” said Farleigh Wada Witt partner Brian Witt.
Quantivate has provided web-based governance, risk, and compliance software and service solutions to organizations of all sizes since 2005. Since then, the company has grown to feature a full suite of GRC applications, including Business Continuity, Vendor Management, Enterprise Risk Management, IT Risk Management, Internal Audit, Regulatory Compliance, Policy & Document Management, Complaint Management, and Issue Management. Our GRC solutions have helped thousands of customers transform the way they manage risk, improve compliance, and strengthen governance.