Joint Task Force for Elimination

Smarsh Announces Vendor Risk Management and Cyber Compliance Join Risk and Compliance Portfolio for Wealth Management

Retrieved on: 
Tuesday, May 16, 2023
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WASHINGTON, May 16, 2023 /PRNewswire/ -- Smarsh, the global leader in digital communications compliance and intelligence, today announced at the FINRA Annual Conference that its Privva and Entreda subsidiaries have joined its unified risk and compliance portfolio. The move provides RIAs and broker-dealers with one solution that brings together Vendor Risk Management (formerly Privva) and Cyber Compliance (formerly Entreda) offerings with the Professional Archive platform.

Key Points: 
  • The move provides RIAs and broker-dealers with one solution that brings together Vendor Risk Management (formerly Privva) and Cyber Compliance (formerly Entreda) offerings with the Professional Archive platform.
  • In 2020, Smarsh acquired cybersecurity provider Entreda, which in turn acquired the vendor risk management platform Privva a year later.
  • In addition, Vendor Risk Management and Cyber Compliance are available for firms to purchase separately and directly through the AWS Marketplace .
  • Smarsh is committed to answering that call for help, and this integrated risk and compliance portfolio is a significant stride in our mission to make compliance easy for our wealth management customers."