AmTrust North America has selected Compliance Education Institute’s (CEI) 3rd Party Toolbox™ vendor management solution to assess and manage third party risk. 3rd Party Toolbox provides advanced functionality with exceptional ease of use, resulting in a powerful end-to-end vendor management solution.
OCEAN, N.J., Sept. 4, 2019 /PRNewswire/ -- AmTrust North America has selected Compliance Education Institute’s (CEI) 3rd Party Toolbox™ vendor management solution to assess and manage third party risk. 3rd Party Toolbox provides advanced functionality with exceptional ease of use, resulting in a powerful end-to-end vendor management solution. Leveraging CEI’s partnership with Fortrex Technologies VendSure™ Document Analysis service, AmTrust has implemented a best-in-class solution supported by two companies with unparalleled vendor management expertise. “We’re extremely pleased that 3rd Party Toolbox has been selected by AmTrust. Partnering with a global financial services provider and industry leader such as AmTrust speaks volumes for our solution and our company. The implementation was quick and seamless and AmTrust was in production in no time!” stated Mick Kless, CEO of Compliance Education Institute. “3PT has set a new standard in the industry by pulling together Vendor Risk, Performance, Value, Service and Category Management into a single integrated solution for the enterprise that is implemented in a fraction of the time required by other vendors. It plugs the holes in the alphabet soup of existing vendor management solutions from low end to high end, combining powerful features with ease of use that’s hard to find elsewhere.” “It’s a privilege for Fortrex to be providing a tremendous company like AmTrust with all the data they need to recognize, review, and accept or mitigate risks, through our VendSure Reports,” said Bill Schneider, EVP, Operations and Risk Management, Fortrex Technologies, LLC. “It’s satisfying to know that we’re such a strong part of CEI’s strategy around supporting AmTrust. We have a culture of growth in risk assessment, and believe that the stronger our product is, the stronger its defense of your company is. It’s great to see that recognized.” “VendSure Vendor Due Diligence is the industry standard for comprehensive vendor risk review and analysis. It gives vendor managers all the information they need to efficiently and effectively address the risk their vendors pose to their institution. We’re pleased that in partnership with Compliance Education Institute, our combined solution of VendSure and 3rd Party Toolbox (3PT) was recognized for the depth and strength of our united offering,” stated Mike Edison, CEO of Fortrex Technologies. About Compliance Education Institute LLC About Fortrex Technologies, LLC Media Contact: Bill Schneider, 220781@email4pr.com, 240-575-7463 For media inquiries, contact: View original content to download multimedia:http://www.prnewswire.com/news-releases/amtrust-north-america-selects-ceis-3rd-party-toolbox-to-manage-vendor-risk-300911793.html SOURCE Compliance Education Institute |