Case Study: Finicity streamlines third-party security reviews with Whistic

How Finicity Manages Third Party Security

Finicity, a financial data-sharing and fintech company, needed a better way to manage third-party security and respond to security questionnaires. Before adopting Whistic, the team was manually filling out spreadsheets, spending 5–8 hours per questionnaire, and lacked a formal platform for vetting vendors or handling security requests from financial institutions.

Whistic provided Finicity with an out-of-the-box vendor assessment platform that helped launch and automate its security program quickly. Using Whistic, Finicity sent its Security Profile to about 40 financial institutions and achieved a 100% acceptance rate, while also reducing the time and effort needed to respond to security reviews and supporting a more efficient sales cycle.

Finicity

Dan Palmer

Vice President Compliance and Internal Audit