Case Study: Yieldbroker streamlines vendor risk management with Risk Ledger

How the trading platform is actively using Risk Ledger as both a client and supplier

Yieldbroker, Australia's trusted electronic trading solution, was facing an inefficient and onerous process for managing a constant stream of security questionnaires from its clients. The company needed a more structured and centralized solution to handle these repetitive risk assessments, which were previously managed through error-prone spreadsheets and untraceable email threads. They turned to the vendor Risk Ledger to find a better way.

The solution from Risk Ledger provided an intuitive and centralized platform for managing risk. Yieldbroker now uses Risk Ledger to proactively share its security profile with new clients and to assess its own suppliers, benefiting from features like automated prompts for suppliers to review their assessments every six months. This has made their processes significantly more efficient and organized, allowing them to better track supplier progress and manage all risk-related interactions in one place. Risk Ledger filled a critical gap, helping Yieldbroker secure its vital position in the financial supply chain.

Yieldbroker