OneTrust, the market-defining leader for coordinated trust intelligence, today launched the world’s first Trust Intelligence Platform™, establishing a new category of technology dedicated to solving today’s critical business challenges around trust and transparency.
“As massive digital and cultural shifts change the way people choose who to buy from, work for, and invest in, organizations are transforming how they measure success,” said Kabir Barday, Chief Executive Officer of OneTrust. “Trust is the new gold standard for business, and leaders need a way to understand, measure, and manage trust. The Trust Intelligence Platform from OneTrust gives visibility, action, and automation across trust domains providing insights across privacy, risk, ethics, and ESG programs, so companies can build trust initiatives that are transparent and verifiable for their customers.”
Businesses that lose or lack trust often experience substantial financial impact. Recent data from Deloitte found that three $10 billion companies lost between 20 and 56 percent of their value when stakeholder trust was lost1. Trusted companies, however, outperform the S&P 500 by 30 to 50 percent2.
“Building businesses based on trust, rather than simply compliance, positions leaders in privacy, risk, ethics, and ESG to drive growth and create impact,” continued Barday. “Trust Intelligence empowers these teams to build trust by design, look beyond the silos of their departmental functions, and lead their company’s trust transformation.”
“The IDC Future of Trust framework identifies trust as an output from a strong foundation of risk, security, compliance, ethics and social responsibility, and privacy programs,” said Ryan O’Leary, Research Manager for Privacy and Legal Technology at IDC. “The Trust Intelligence Platform from OneTrust is a bold and unique step towards enabling customers to establish trust from a technology standpoint and builds a platform for companies to build, manage, and demonstrate stakeholder trust.”
Defining the Trust Intelligence Software Category
The Trust Intelligence Platform from OneTrust introduces the first in a new category of software for businesses to start and scale trust initiatives. Trust Intelligence delivers visibility across trust domain areas, action based on AI and regulatory intelligence, and automation to build trust by design as a reflex in organizations. The platform unifies Privacy & Data Governance, GRC & Security Assurance, Ethics & Compliance, and ESG & Sustainability programs where teams, data, and processes can integrate, giving businesses a centralized understanding of business trust.
The OneTrust platform is built on an intelligent engine that integrates global frameworks, standards, and regulations so companies can track compliance with various laws. Benchmarking, insights, and reporting capabilities enable leaders to understand how their program is developing and assess program maturity compared to industry peers. Stakeholder Trust Centers provide a dynamic, engaging, and centralized view into all relevant policies, data, and reports in a way everyone can trust and verify.
Companies can choose to start their journey to building trust with one cloud and build into other trust domains as the program matures. The Trust Intelligence Platform includes:
Learn more about the Trust Intelligence Platform from OneTrust
1 Deloitte (2022). The chemistry of trust, p. 4
2 “Opinion: Why high-quality, trustworthy companies have beaten the S&P 500 by 30%-50%,” Market Watch, July 3, 2021
OneTrust and Trust Intelligence Platform are either registered trademarks or trademarks of OneTrust LLC in the United States and/or other countries. All other trademarks are the property of their respective owners.
As society redefines risk and opportunity, OneTrust empowers tomorrow’s leaders to succeed through trust and impact with the Trust Intelligence Platform. The market-defining Trust Intelligence Platform from OneTrust connects privacy, GRC, ethics, and ESG teams, data, and processes, so all companies can collaborate seamlessly and put trust at the center of their operations and culture by unlocking their value and potential to thrive by doing what’s good for people and the planet.
Learn more at OneTrust.com.