Risk & Compliance Solution
Prevent vendor payment fraud, maintain audit-ready evidence, and demonstrate compliance posture. TrustRelay gives Risk and Compliance teams the controls and visibility needed to prevent BEC fraud, satisfy SOX/SOC 2 requirements, and maintain immutable audit trails.
Common Challenges Risk & Compliance Teams Face
Business Email Compromise (BEC) Fraud
Email-driven bank account changes and lack of structured verification create vulnerabilities to sophisticated BEC attacks. Risk teams struggle to detect fraudulent requests in real-time, leading to direct losses and reputational damage.
Incomplete Audit Trails
Payment decisions and vendor data are spread across ERPs, email, and spreadsheets. Compliance teams cannot produce complete, tamper-proof audit trails for SOX, SOC 2, or regulatory inquiries—resulting in audit findings and remediation costs.
No Real-Time Risk Visibility
Risk teams lack visibility into policy violations, payment holds, and exception routing. Without real-time dashboards and alerts, high-risk payouts proceed unchecked, increasing fraud exposure and compliance risk.
What's at Risk
Direct Fraud Losses & Reputational Damage
BEC fraud targeting vendor payments costs organizations millions annually. Without structured verification and hold periods, fraudulent payouts proceed undetected, resulting in direct financial loss and damage to stakeholder trust.
Regulatory Penalties & Audit Failures
SOX, SOC 2, and industry-specific regulations require demonstrable controls and complete audit trails. Fragmented evidence and tamperable records lead to audit findings, remediation costs, and potential regulatory penalties.
Unchecked Policy Violations & Control Drift
Without real-time policy enforcement, high-risk payouts bypass controls. Over time, control drift erodes the organization's risk posture, increasing exposure to fraud, overpayments, and compliance gaps.
How TrustRelay Helps Risk & Compliance Teams
Fraud Prevention at the Source
The Supplier Passport replaces email-driven onboarding with structured data capture, sanctions screening, and bank account verification—all enforced before payouts execute.
- Sanctions screening (OFAC, EU) at onboarding and continuously
- Bank account verification with configurable hold periods
- Structured W-9/W-8 collection with automated validation
Policy-Driven Payment Controls
The Payout Policy Engine enforces risk-based controls at the source. Define rules for hold periods, dual control, approval workflows, and exception routing—all applied in real-time before payouts are released.
- Policy-as-code with tenant-specific rule sets
- Real-time risk scoring and automated hold periods
- Dual control and approval workflows for high-risk payouts
Immutable Audit Trails
The Evidence Vault captures immutable, timestamped evidence for every vendor onboarding, policy decision, and payment outcome—designed for audit, compliance, and fraud investigation.
- Cryptographically signed evidence snapshots with tamper-proof integrity
- Cross-service aggregation for complete payment lineage
- One-click evidence export for auditors and regulators
Real-Time Risk Visibility
Reconciliation Studio and integrated dashboards provide real-time visibility into payment status, hold periods, policy violations, and exception routing—enabling proactive risk management.
- Real-time dashboards for holds, exceptions, and policy coverage
- Automated alerts for high-risk payouts and policy violations
- Exception routing with configurable risk thresholds
Before & After TrustRelay
Before & After TrustRelay
Before TrustRelay
- ✗Fragmented vendor records with no single source of truth for compliance
- ✗Manual fraud detection relying on email validation and human judgment
- ✗Incomplete audit trails scattered across systems and email threads
- ✗No real-time visibility into policy violations or payment risks
- ✗Tamperable evidence insufficient for regulatory audit or fraud investigation
With TrustRelay
- ✓Supplier Passport: Structured onboarding with sanctions screening at the source
- ✓Policy Engine: Automated fraud detection with hold periods and dual control
- ✓Evidence Vault: Immutable, timestamped evidence snapshots for every transaction
- ✓Real-time dashboards showing policy coverage, hold status, and exceptions
- ✓Audit-ready compliance with one-click evidence export for regulators
Risk & Compliance Outcomes
Every payout decision is governed by policy—no manual approvals, no exceptions without evidence.
Immutable, cryptographically signed evidence snapshots for every transaction ensure audit-ready compliance.
Automated alerts for policy violations, high-risk payouts, and hold periods enable proactive risk management.
Complete audit trails with one-click evidence export for SOX, SOC 2, and regulatory inquiries.