Solutions, a for-profit company created for financial institutions to simplify the process of conducting third-party risk assessments of suppliers and partners. The founders have been working for two years to combine their respective best practices into a standard all could adopt. Currently, both financial institutions and suppliers expend resources requesting, providing, and validating assessment information with every company with which they want to do business. While every company has a similar approach, they are not identical. This creates inefficiency and vast duplication of effort. Th...