Case Study: Commonwealth Financial Network Assesses 2x More Vendors with VISO Trust

Commonwealth Financial Network assesses 2x more vendors with VISO Trust

Commonwealth Financial Network, a large privately held independent broker-dealer, faced a disorganized and bottlenecked vendor due diligence process. As their security team rapidly grew, they struggled with a manual, time-consuming assessment system that lacked standardization and visibility, which impacted stakeholder confidence. They turned to VISO Trust for a solution to automate and scale their due diligence.

VISO Trust implemented its platform to centralize risk data tracking and automate the vendor security review process for Commonwealth Financial Network. This solution enabled the team to quickly assess new vendors and unblock procurement, resulting in the ability to assess twice as many vendors.

Commonwealth Financial Network