Introduction
Have you begun planning for your 2024 Swift CSP Assessment? For more information on the Swift CSP audit and how your organization can best complete it, click here!
This article is the second installment in our series on Swift CSP assessment automation and optimization. In Part 1, we discussed the common manual process burdens organizations face in completing this mandatory annual assessment and explored how automation can alleviate these challenges. In Part 2, we’re excited to unveil the optimization benefits of our newest solution: RADAR by Axletree®.
RADAR (Review, Analyze, Document, Assess, Report) is Axletree’s one-stop solution for assessment optimization. RADAR streamlines the assessment process by providing a secure portal for organizations to answer questions, validate controls, and provide supporting evidence to complete their mandatory security and operations assessments.
Read on to discover how RADAR can simplify and secure your yearly Swift CSP attestation.
User Access Controls:
We’ve built RADAR with security at the top of mind. Using RADAR, organizations can securely upload sensitive information to our encrypted platform, ensuring that it can only be accessed by authorized users within their organization. Administrators can assign user access according to each team member’s role, so every individual gets exactly what they need to fulfill their responsibilities—nothing more and nothing less.
Clear Presentation of Controls:
Managing the three main objectives, seven principles, and 32 total controls of the Swift CSP assessment can quickly become overwhelming. RADAR’s automated platform consolidates all the essential information into one easy-to-navigate space, adapted to your organization’s assessment framework. Team members can customize their dashboards to track completed tasks, upcoming actions, and each colleague’s responsibilities, all on a single page.
Ease of Communication:
Streamline interdepartmental communication with RADAR’s dedicated channels. By centralizing all assessment information, RADAR makes it easy for team members to share and access relevant information without relying on traditional communication methods. With a central repository for all evidence, each team can easily review and update the components they need. RADAR also facilitates real-time information exchange between Axletree assessors and control owners regarding controls, questions, and answers, serving as every organization’s single source of truth throughout the Swift CSP assessment.
Automated Completion Status:
Organizations can finally set aside cumbersome Excel spreadsheets for tracking assessment progress. RADAR’s centralized platform displays all pending tasks and automatically updates each control’s completion status, saving countless hours of checking and re-checking. Every team member can experience the convenience of seeing which controls and questions are completed or require attention in real time, freeing teams up to focus on other critical initiatives.
Ease of Assessment Management:
This security assessment requires many different teams within an organization to provide evidence against the Swift controls that apply to their department. An automated platform makes it easier for the assessment manager to clearly see the work required of each team member and efficiently follow up on pending tasks. The enhanced collaboration streamlines the workflow associated with coordinating multiple teams and simplifies the overall assessment process.
24/7 Professional Support:
With RADAR, organizations gain not only a powerful automation tool, but also a trusted partner dedicated to helping them navigate any challenges that arise during their Swift CSP process. Offering 24/7 access to Axletree’s knowledgeable experts, RADAR ensures that questions are answered promptly and that team members receive personalized guidance. Furthermore, Axletree’s Swift-certified assessors ask the right questions to ensure every organization’s assessment is accurate, precise, and stress-free.
Benefit to Organizations Choosing Axletree for the CSP Assessment:
Choosing Axletree as your external assessor for the annual Swift CSP assessment comes with an added bonus: access to RADAR at no additional cost. New clients can look forward to smooth onboarding into a state-of-the-art assessment experience, while current clients will be automatically upgraded to RADAR, unlocking its powerful automation benefits as part of their existing CSP project. This value-added feature is part of our commitment to deliver the Best Client Experience, Value for Clients—and, at the heart of the Axletree promise, complete peace of mind for all our clients.
Conclusion
Say goodbye to dreading your organization’s annual security attestation, with its maze of spreadsheets, overlapping departmental emails, and confusion over the appropriate evidence and controls. Our optimized, automated assessment solution significantly reduces the tedious, time-consuming, and potentially unsafe manual burdens of your Swift CSP assessment. Effortlessly manage security controls, team responsibilities, and user permissions with our intuitive platform, designed for real-time oversight across all departments. Experience a more efficient, precise, and stress-free assessment process with RADAR by Axletree®.
Don’t miss out on the opportunity to simplify your 2024 Swift CSP assessment: reach out to our expert team at Axletree and get started completing your audit today!
August 6, 2024
