Themis is the Titan goddess of law and order, good governance, equality and social order. So yes, even Zeus had a Trusted Advisor.
Themis takes a non-agency specific approach to regulation and provides an all-encompassing solution to risk and compliance – think Compliance in a box, but with customization. A company selects compliance and risk modules that apply to the products and services it sells.
Themis is more affordable than existing Governance, Risk and Controls software on the market. The best part is that you only pay for the modules you need. A start-up with non-complex products probably just needs basic compliance modules. But as your products become more complex and you start partnering with regulated industries, you may need to comply with regulations consistent with larger institutions. We don’t believe that complying with regulations should be expensive but choosing not to comply should be!
Whether you’re a start-up that wants to create life changing technology to fix the archaic payment system or an established bank that wants to partner with new tech companies, Themis is the right software for you. The best part is that it’s intuitive enough for non-Compliance professionals to learn the ins and outs of regulation.
Themis provides a platform to help you establish a strong, sustainable risk framework and to provide evidence of company controls to your vendors and regulators. It is up to each company to keep the information in the system current and to customize fields in consideration of the complexity of the organization. Vendors and regulators have different preferences, so they may require you to maintain additional information than what is required by a rule. Themis is flexible enough for you to add fields, edit questionnaires and upload documents in a single repository. Modules are meant to be shareable, so you can allow third parties a peek into the your compliance environment.
No problem. Themis works for all industries from technology companies to healthcare companies. Modules offer basic compliance components that all companies need – regulated or not. If you need a platform to track company policies, internal training and company-wide issues, Themis is for you!
Yes! This is one of the reasons why Themis was created. Compliance Officers should no longer be seen as the people carrying only a shield to protect the company. Themis is their sword! Compliance Officers have a unique skillset of understanding products and analyzing applicable regulations. This advantage should influence firm strategy and help determine the best time to introduce new products and services. The collaborative nature of modules in Themis allow compliance officers to better integrate and communicate with the sales and product team so they can understand client needs and balance those needs between product design and regulatory impact.