Consistency, Confidence, Convenience.

Thriski provides a common utility for financial institutions to onboard and manage third party compliance to regulatory and corporate requirements, creating efficiency for all parties

Key inputs

Rules based decisioning

Single, centralised source of truth

The challenge

Financial Institutions possess duplicative, time consuming processes to onboard and manage third parties. In order to remain compliant with regulations and mitigate risk across the industry. This is inefficient and costly for both the financial institution and the third parties they engage

Recource intensive - onboarding is a time-consuming and resource-intensive process. Multiple, duplicative and manual interactions between financial institutions and third parties create inefficiency

High Risk - Financial institutions face substantial reputational and financial risk if they do not meet the growing and evolving regulatory requirements pertaining to third parties

Costly - Processing teams have grown substantially over recent years to manage the ever-changing risk and regulatory landscape, creating inefficient, inconsistent, laborious processes

Consolidated, centralised platform for onboarding, and managing third parties

Current state

Future state

The Solution

To combat these challenges, Thriski has built a
centralised solution that standardise and streamline the
onboarding journey, monitor third party compliance and ensure a robust end-to-end process.

Thriski will deliver a host of industry benefits, including:

Reduced costs for onboarding and managing Third
Parties
Removes duplication across the industry creating a
single centralised source of truth
Lowers risk for the customers and the finance
industry as a whole

Onboarding workflow

Thriski automates multiple processes capturing detailed evidence of compliance to regulatory requirements

Key attributes of the platform

At the heart of the Thriski offering is our platform which aims to standardise and streamline the onboarding journey, monitoring compliance and ensuring a robust end-to-end process