what is a sig shared assessment
Browse by. SIG_Lite. Description: Overview The Shared Assessments Program is a process for financial institutions to evaluate IT service providers. The program, facilitated by BITS, offers efficiencies and cost savings to financia... Overview The Shared Assessments Program is a process for financial institutions to evaluate IT service providers. The program, facilitated by BITS, offers efficiencies and cost savings to financial institutions and service providers through an innovative and comprehensive alternative to traditional service provider assessment methods.
INFORMATION GATHERING (SIG) QUESTIONNAIRE. The Shared Assessments âTrust, But Verifyâ Model. The Shared Assessments Program Tools are used for managing the vendor risk lifecycle. The Program follows a two-. step approach to managing third party risks. Itâs a âtrust, but verifyâ model. The trust component of the Program is the. Standardized Information Gathering (SIG) questionnaire.