Case Study: Lincoln Financial Group replaces a failed incumbent and strengthens end-to-end TPRM with ProcessUnity

Lincoln Financial Group replaces a failed incumbent with ProcessUnity in 12-month TPRM evaluation

Lincoln Financial Group, a highly regulated financial services enterprise with $8.1B in annual revenue, faced significant challenges with its incumbent third-party risk management (TPRM) platform. The failing system could not support inherent risk, leading to audit findings and heightened urgency to find a new solution before their existing contract expired. They needed a stronger, end-to-end TPRM solution to manage risk across multiple domains.

ProcessUnity provided its TPRM Platform, integrated with RapidRatings for financial risk data, to replace the failed incumbent. The solution delivered configurable workflows, stronger reporting, and better financial risk insight. ProcessUnity enabled Lincoln Financial Group to establish a more reliable foundation for its end-to-end third-party risk management program, creating a more capable and defensible system.

Lincoln Financial Group