JACKSONVILLE, Fla., Nov. 12,
2024 /PRNewswire/ -- Azimuth, a pioneer in
compliance automation, announced today that it is growing its
strategic partnership with Truist Financial Corp (NYSE: TFC). With
this multi-year expansion of their current partnership, Truist will
implement Azimuth's VALIDATOR software, enabling the bank to deploy
automated, full-population compliance monitoring across multiple
consumer businesses.
This multi-year agreement broadens the partnership that began in
December 2021 with an investment from
Truist Ventures and integration with several of Truist's individual
business lines and products.
"Truist is a longstanding, trusted partner and this multi-year
expansion is integral for both companies," said Rohin Tagra, Founder and CEO of Azimuth.
"Industry leaders know they must continuously innovate, and we look
forward to continuing to work with Truist and we're honored the
bank chose the VALIDATOR platform as the future of compliance."
In addition to increasing full-population compliance monitoring
across consumer business lines and products, implementation of the
VALIDATOR software will enable more comprehensive monitoring
and simplify data analysis for ease of reporting.
"At Truist, we are dedicated to fostering innovation that serve
our clients' best interests," said Brad
Bender, Interim Chief Information Officer. "By extending our
partnership with Azimuth, we will improve efficiencies, reduce
costs, and continue our commitment to leveraging the latest
technology in our compliance efforts."
For more information on Azimuth's VALIDATOR software or to
request a demonstration, contact sales@azimuthgrc.com or visit
azimuthgrc.com/contact-us.
About Azimuth Azimuth is a leading provider of regulatory
compliance technology, offering innovative solutions that automate
and streamline compliance processes. Our mission is to ensure fair
and equitable treatment through revolutionary compliance
technology, enabling financial institutions to meet regulatory
requirements with ease and precision. Learn more at
AzimuthGRC.com.
About Truist Truist Financial Corporation is a
purpose-driven financial services company committed to inspiring
and building better lives and communities. As a leading U.S.
commercial bank, Truist has leading market share in many of the
high-growth markets across the country. Truist offers a wide range
of products and services through our wholesale and consumer
businesses, including consumer and small business banking,
commercial banking, corporate and investment banking, wealth
management, payments, and specialized lending businesses.
Headquartered in Charlotte, North
Carolina, Truist is a top 10 commercial bank with total
assets of $523 billion as of
September 30, 2024. Truist Bank,
Member FDIC. Learn more at Truist.com.
Media contact
Kimberly Jefferson
PANBlast for Azimuth GRC
azimuth@panblastpr.com
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SOURCE Azimuth GRC