Shared Assessments Program

Partner with BSI as your assessment firm and benefit from BSI’s Assessment Firm status with BITS Financial Institution Shared Assessments Program. This groundbreaking new Shared Assessments Program is a way for financial institutions and service providers to streamline the service provider assessment process and raise the bar on security in the financial services industry. Your corporation and your supply-chain will achieve substantial economies through an industry-developed process, drive continuous improvement, and bring consistency of audit practices.

Because BSI is an accredited certified body, BSI is the only Assessment Firm member that can integrate the AUP audits with ISO/IEC 27001 certification audits, thus ensuring continual improvement through the PDCA cycle.

Program Benefits

  • Raise the bar on security for service providers to the finance industry.
  • Reduce costs related to your supply-chain management.
  • Increase efficiency
  • Integrating with ISO/IEC 27001 enables an organization to be certified, while additionally fulfilling additional requirements specific to the financial industry.

About BITS

BITS was created in 1996 to foster the growth and development of electronic financial services and e-commerce for the benefit of financial institutions and their customers. A division of The Financial Services Roundtable, BITS works to sustain consumer confidence and trust by ensuring the security, privacy and integrity of financial transactions. BITS provides intellectual capital and addresses emerging issues where financial services, technology and commerce intersect, acting quickly to address problems and galvanize the industry. BITS' efforts involve representatives from throughout its member institutions, including CEOs, CIOs, CISOs, and fraud, compliance and vendor management specialists.

About BSI

BSI America is a member of the BITS Financial Institution Shared Assessments Program. The Shared Assessments Program is a new way for financial institutions and service providers to streamline the service provider assessment process and raise the bar on security in the financial services industry

Sahred Assessments - a program of BITS Financial Services Roundtable

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