Drawbridgeconnect™ Platform Boosts Efficiency of Due Diligence Process for Optima Partners by Streamlining DDQs Distribution and Analysis
Drawbridge Partners, a premier cybersecurity software and services firm specializing in the needs of hedge fund and private equity managers has been selected by Optima Partners, a leading global financial regulatory compliance advisory firm, for the outsourcing of its due diligence questionnaires (DDQs) distribution process via the DrawbridgeConnect™ platform.
DrawbridgeConnect allows customers to aggregate cybersecurity program data to drive analysis and determine program strength, remediation, and create and manage a resilient program to fulfill evolving regulatory and investor demands.
By utilizing the DrawbridgeConnect platform, Optima Partners is enabled to easily assess third party vendor risk, launch Due Diligence Questionnaires (DDQs) to third-party vendors, as well as track responses and completion status. DrawbridgeConnect allows Optima Partners to streamline and simplify the DDQ distribution process, aggregate data in a centralized location, and reduce time and resources used while conducting due diligence.
“We selected DrawbridgeConnect to manage the DDQ distribution process due to the operational efficiencies offered by the platform,” said Jonathan Saxton, Global CEO, Optima Partners. “The software offers an improved business process by simplifying the tracking and analysis of responses in one place via our profile in the DrawbridgeConnect platform.”
“We created DrawbridgeConnect to help customers easily analyze, track and measure every aspect of their cybersecurity program to meet the challenges presented by potential third party vendor risk, as well as ongoing regulatory requirements and investor demand,” said Jason Elmer, CEO, Drawbridge Partners. “We look forward to working with Optima Partners and providing a seamless and simplified due diligence distribution process for the company.”