BITS Shared Assessments
Shared Assessments is a program designed for the financial services industry that standardizes the process for collecting, managing, and assessing information related to data security, privacy and business continuity at vendors. Developed in conjunction with several major U.S. banks and leading service providers, many financial institutions are moving towards adoption of Shared Assessments as the standard for vendor management.
Advanced provides Shared Assessments services on behalf of financial institutions, and for those service providers working with financial institutions. Our Shared Assessment services are generally delivered to service providers in conjunction with a sustainable compliance program including information management, validation, recommendations, and agreed upon procedures.
The Shared Assessments program was designed in collaboration with the "big four" accounting firms and in the spirit of the American Institute of Certified Public Accountants. 360 Advanced is registered CPA firm, experienced with Shared Assessments.