This company provides an integrated compliance software platform that centralizes risk screening, policy management, and workforce training. The system streamlines third-party risk management, including sanctions and PEP checks, within a single operating environment. It also offers specific modules for EUDR compliance and secure whistleblower reporting channels.
Funding
Funding not disclosed
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) often lack the resources and expertise to implement comprehensive compliance programs, leaving them vulnerable to legal sanctions and fines. Traditional compliance methods are complex, costly, and time-consuming, making it difficult for SMEs to maintain adherence to evolving regulatory requirements.
Solution
Trusty offers an all-in-one compliance platform designed to streamline and automate core compliance processes for SMEs, reducing their risk profile and ensuring adherence to legal requirements. The platform provides instant access to a library of compliance policies, AI-powered training modules, and whistleblowing channels, enabling businesses to implement preventive measures quickly and efficiently. Trusty's solutions include supply chain monitoring, third-party risk screening, and policy management, all accessible through a user-friendly interface. By leveraging AI and automation, Trusty simplifies due diligence, enhances comprehension of compliance standards, and provides real-time reporting on training completions and certifications.
Target Audience
Trusty primarily serves small and medium-sized enterprises (SMEs) across various industries that need to implement and maintain core compliance programs to mitigate legal and financial risks.
Features
- AI-powered assessment engine for supply chain risk monitoring
- Integration of major indices for risk assessments, including sanction lists and PEPs checks
- AI-enhanced sanctions screening and adverse media research for third parties
- Library of compliance policies on human rights, environment, anti-corruption, and more
- AI-powered e-learning modules with automated testing and real-time feedback
- Whistleblowing channel setup with intuitive dashboards and case management tools
- Real-time reporting on training completions and certifications
- Customizable and localizable solutions to meet specific business needs
- High-security data center with advanced encryption methods and regular penetration testing