Trust CoE Features
Automation
The Trust CoE fully automates the collection, review, and archival of SOC reports, streamlining the entire process and significantly reducing manual effort. It enables organizations to optimize resource utilization, allowing them to concentrate on core activities instead of administrative tasks.
Risk management
The Trust CoE provides a report reliance score that leverages a defined methodology. In addition, The Trust CoE helps identify and prioritize potential risk issues identified in the reports, enabling your organization to proactively manage and mitigate risks.
Centralization
The Trust CoE provides a centralized repository for managing the collection, review, and storage of your SOC reports, eliminating the need for manual document management. Users can easily access and retrieve reports, facilitating quick reference and review.
Integration and collaboration
The Trust CoE seamlessly integrates with existing systems and tools, enhancing team collaboration. It enables secure sharing of SOC reports information, facilitates communication, and promotes cross-functional alignment for efficient third-party management.
Systematic workflow approval
With The Trust CoE, you can assign multiple reviewers and approvers to analyze the information presented on the SOC report.
Sign-off and audit
The Trust CoE requires all report reviews to be signed off and logged. This is valuable for internal auditing, regulatory compliance, and demonstrating due diligence.
Status and alerts
The Trust CoE provides real-time visibility into the status of the SOC program, ensuring that users stay informed. The system offers real-time alerts allowing users to address items and take proactive measures to maintain the integrity and effectiveness of their SOC program.
Insights and reporting
The Trust CoE generates comprehensive reports and dashboards, offering actionable insights derived from SOC report analysis. These insights enable informed decision-making.