Case Study: Built strengthens vendor risk management and speeds sales with UpGuard

UpGuard enabled Built Technologies to build a robust vendor risk management program

Built Technologies, a Nashville-based FinTech SaaS company serving construction finance, needed a better way to manage third-party security risk as it rapidly added new vendors and expanded its attack surface. The security team also wanted to reduce repetitive customer due diligence requests that were slowing the sales cycle. To address both needs, Built evaluated vendor risk management tools and selected UpGuard’s Vendor Risk solution.

With UpGuard, Built implemented continuous vendor monitoring, vendor tiering, fourth-party analysis, automated security scoring, and shared security profiles to streamline assessments and publish security information for prospects and customers. The result was a more efficient, “well-oiled” vendor risk program with 80+ vendors, 250+ digital assets, and 70+ unique risk vectors continuously monitored, plus faster sales cycles thanks to a public security page and easier access to SOC reports and security questionnaires.

Built

Adam Vanscoy

Senior Security Analyst