Victor offers two primary products. Victor API-as-a-Service solution enables any bank to offer modern APIs to their clients and partners. Victor Integrated Risk Management (IRM) is a set of workflow management tools to facilitate the full lifecycle 3rd party risk management for banks partnering with Fintech companies as clients or vendors. Victor APIs can be used to support BaaS and other embedded finance programs or to make it easier for fintech vendors to integrate with the bank’s legacy core system. There is minimal technical lift and low investment cost because Victor integrates directly with legacy cores and built an orchestration layer that makes it makes it simple to store, manage, and move money securely via API. Victor IRM helps banks manage risk and compliance at scale. A suite of workflow tools streamlines the full lifecycle of 3rd party risk management for Fintech relationships - due diligence, risk assessments, contracts, and oversight. Victor’s IRM platform automates and simplifies onboarding workflows with a collaborative platform that eliminates siloed data storage of documents, data, communication, and tasks across multiple systems. This creates the ability for real-time oversight of the relationships.
