Scrutiny that reaches the supplier

A strong product reaches the late stages of an enterprise sale into a regulated institution, often the company's first, and then stalls in security due diligence, third-party risk assessment and operational review, on questions that are rarely about what the core product does. It is a pattern that repeats. The questions are whether it is capable of operating inside the enterprise in compliance with a range of internal standards, who can make changes to it, how its data is managed, what happens when it fails, and what evidence can be produced when an assessor asks for it.

The enterprise is not being difficult. The people accountable for risk are accountable for what its suppliers do, and the same regulations and frameworks that already govern the enterprise make its oversight of delegated and outsourced arrangements examinable, so the scrutiny it faces carries into every product it depends on.

Ready before it is tested

Ordonis evaluates a supplied product or service against the bar that a regulated enterprise actually applies.

It is a bar I know from both sides. Within the enterprise I spent over a decade integrating vendors' products and taking them through the kind of gates a product like yours now faces, guiding the changes that got them through. I have also overseen the governance, risk and compliance of technology and cyber controls in the institutions that apply the bar.

An engagement leaves the product team knowing exactly where it stands against that bar, how to defensibly stand behind its claims, how to answer honestly about the gaps and which to fix first, starting with the ones that hold up deals.

Nothing Ordonis concludes about a supplier travels to an institution, and nothing from an institution travels back.

Ordonis is the advisory practice of Anthony Hines. If your product has to operate inside regulated institutions, start a conversation.