Application Security Assessment
Presentation Context
This session was recorded and presented by Vyankatesh S Repal, Business Analyst within Partners Enablement Team for FusionFabric.cloud at Finastra.
Qualify the Application as In-Market
Your application must qualify In-Market onboarding stage, for which the application validation process needs to complete before you can sign a contract with a financial institution. The validation process requires you to complete the application security questionnaire. You can find details of various onboarding stages on a documentation page at 00:10.
Synopsys
Synopsys is Finastra’s global security partner who performs security reviews of the applications. You can find a detailed explanation at 00:25.
Invitation to Security Questionnaire Platform
FusionFabric.cloud Partner team will invite you to the platform to complete the security questionnaire. You can find a detailed explanation at 00:42.
Security Quiz
The questionnaire is divided into 5 categories:
- Impact on Financial or Personally Identifiable Information
- Governance
- Construction
- Verification
- Deployment
You must provide answers in the Fintech Answers column and also evidence wherever necessary.
You can find a detailed explanation at 01:05.
Example Answer
You can see an example for reference regarding how to answer a question at 03:09
Assessment and Confirmation
When fintech organizations submit their responses and supporting evidence, the FusionFabric.cloud Partner team will notify Synopsys. Synopsys team will analyze it and either ask for additional information in reply to the specific questions or provide final confirmation.
You can find a detailed explanation at 03:59.
Please click here for detailed guidance on the security assessment process and questionnaire.