Themis is a compliance collaboration platform that integrates 30 modules to streamline governance, risk, and compliance processes for banks, fintechs, and their vendors. By automating risk assessments and due diligence, Themis reduces onboarding time for partners by up to 40%, enhancing compliance efficiency and trust among stakeholders.
Funding
$9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions and fintech companies face increasing complexity in managing governance, risk, and compliance (GRC) processes, especially when collaborating with multiple vendors. Traditional methods often involve manual risk assessments and due diligence, leading to inefficiencies and delays in onboarding new partners. This can hinder innovation and growth due to the time and resources spent on compliance-related tasks.
Solution
Themis offers a compliance collaboration platform designed to streamline GRC processes for banks, fintechs, and their vendors. The platform integrates over 30 modules to automate risk assessments, due diligence, and compliance workflows, facilitating seamless collaboration across teams and organizations. By providing a centralized hub for managing policies, procedures, documents, and other compliance-related information, Themis ensures a real-time source of truth. The platform's collaborative workspaces and shared predictive analytics enhance team efficiency and enable faster, more informed decision-making.
Target Audience
The primary target audience includes banks, fintech companies, and vendors operating in the financial services industry who need to streamline their GRC processes and accelerate partnerships while maintaining compliance.
Features
- Risk Assessment module to simplify, consolidate, score, and automate risk reviews and due diligence
- Vendor management module for efficient onboarding and continuous monitoring of third-party risks
- Integrated modules for policies, procedures, documents, issue management, and change management
- Real-time collaboration workspaces for internal teams and external partners
- Shared predictive analytics for proactive risk identification and mitigation
- Support for various compliance requirements, including Reg B, Reg V, SEC, and FINRA WSPs
- Role-based access controls to ensure data security and confidentiality