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About
Themis is the first collaborative Governance, Risk, and Compliance (GRC) platform built specifically for financial services companies — including banks, fintechs, credit unions, and crypto firms — to accelerate partnerships through streamlined compliance workflows. By centralizing compliance documentation, risk assessments, and due diligence into a single real-time platform, Themis eliminates the inefficiencies of traditional GRC processes. The platform offers a comprehensive suite of prescriptive modules covering policies, procedures, vendor management, risk assessment, control inventory, issue management, change management, complaints, monitoring and testing, training, FINRA complaints, and audits. Its built-in collaboration workspaces apply the 'Three Lines of Defense' framework, enabling internal teams and external partners to work together seamlessly. Themis supports compliance across banking, payments, lending (Reg B, Reg V), crypto, DeFi, exchange (SEC/FINRA WSPs), BaaS, and credit card sectors. Customers such as nbkc Bank, Hatch Bank, and Continental Bank have reported 40–60% reductions in due diligence time, 50% faster vendor approvals, and significant headcount savings. Designed for compliance officers, risk managers, and legal teams at financial institutions and fintechs, Themis transforms compliance from a bottleneck into a competitive advantage — enabling faster partner onboarding and audit-ready documentation at all times.
Key Features
- Compliance Collaboration Workspaces: Built-in workspaces enable teams across banking, fintech, and vendor organizations to collaborate on compliance reviews in real time, reducing friction and accelerating approvals.
- Automated Risk Assessment: Simplify, consolidate, score, and automate risk reviews and due diligence processes, cutting partner and vendor onboarding time by up to 60%.
- Comprehensive Compliance Modules: Prescriptive modules cover policies, procedures, vendor management, risk register, control inventory, issue management, complaints, monitoring, training, and audits.
- Multi-Sector Regulatory Support: Purpose-built workflows for banking, lending (Reg B, Reg V), payments, crypto, DeFi, exchange (SEC/FINRA), BaaS, and credit card compliance requirements.
- Real-Time Source of Truth: Centralized document management and audit-ready record-keeping ensures all compliance data is current, accessible, and shareable with regulators and partners.
Use Cases
- Banks reviewing fintech partner compliance controls in real time before and during partnership onboarding
- Fintech companies sharing compliance documents with partner banks and regulators securely and efficiently
- Lending institutions managing regulatory compliance with Reg B, Reg V, and other lending-specific requirements
- Crypto and DeFi companies conducting structured due diligence on token offerings and building internal compliance standards
- Financial services compliance teams automating vendor risk scoring and approval workflows to reduce manual review time
Pros
- Proven Time Savings: Customers report 40–60% reductions in due diligence and vendor onboarding time, with some banks cutting headcount needed for managing approvals by 50%.
- Intuitive and Easy to Use: Partners and users consistently rate Themis as one of the easiest compliance platforms to use, reducing friction in external document collection and review.
- Purpose-Built for Financial Services: Deep domain expertise across banking, fintech, crypto, and lending means the platform addresses real regulatory requirements out of the box.
- First Collaborative GRC Platform: Unique collaborative workspaces enable seamless communication between compliance teams, vendors, and banking partners in a single environment.
Cons
- Financial Services Focus Only: Themis is designed primarily for banks, fintechs, and financial institutions, making it a poor fit for companies outside the financial services sector.
- Opaque Pricing: Pricing is not publicly listed; organizations must book a demo to learn costs, which may slow down evaluation for budget-conscious teams.
- Onboarding Complexity: The breadth of modules and compliance frameworks may require significant ramp-up time for smaller teams without dedicated compliance staff.
Frequently Asked Questions
What is Themis?
Themis is a next-generation Governance, Risk, and Compliance (GRC) software platform that helps banks, fintechs, credit unions, and enterprises collaborate on compliance, manage vendor risk assessments, and automate due diligence workflows.
Who is Themis designed for?
Themis is built for compliance officers, risk managers, and legal teams at financial institutions (banks, credit unions), fintechs, payment companies, crypto firms, and enterprises that need to manage vendor and partner compliance at scale.
What compliance modules does Themis offer?
Themis includes modules for policies, procedures, documents, marketing, issue management, change management, vendor management, risk assessment, risk register, control inventory, complaints, monitoring and testing, training, FINRA complaints, and audits.
How much time can Themis save on compliance processes?
Themis customers have reported 40–60% reductions in due diligence time, 50% faster vendor approval processes, and up to 50% reduction in headcount required for managing approvals and partner onboarding.
Does Themis support crypto and DeFi compliance?
Yes. Themis includes purpose-built workflows for cryptocurrency due diligence on token offerings and DeFi compliance standards, alongside traditional banking, lending, and payment sector requirements.
