Technology

Venminder Unveils Enhanced SOC Assessment to Strengthen Vendor Control Evaluations

Published

2 years ago

August 6, 2024

Venminder, a leader in third-party risk management, announced significant enhancements to its System and Organization Controls (SOC) Assessment, further empowering customers to evaluate the security and compliance of their vendors. This updated assessment is part of Venminder’s Vendiligence™ product line, providing a thorough evaluation of a vendor SOC report and offering clear, actionable insights into the controls vendors have in place.

ELIZABETHTOWN, Ky., Aug. 6, 2024 /PRNewswire-PRWeb/ — Venminder, a leader in third-party risk management, announced significant enhancements to its System and Organization Controls (SOC) Assessment, further empowering customers to evaluate the security and compliance of their vendors. This updated assessment is part of Venminder’s Vendiligence™ product line, providing a thorough evaluation of a vendor SOC report and offering clear, actionable insights into the controls vendors have in place.

This assessment is pivotal for our customers who rely on our risk-based evaluations to determine if their vendors are protecting sensitive information.

“Enhancing Venminder’s SOC Assessment underscores our commitment to delivering top-tier risk management solutions,” stated James Hyde, CEO of Venminder. “This assessment is pivotal for our customers who rely on our risk-based evaluations to determine if their vendors are protecting sensitive information. We’ve made substantial improvements to ensure that this update is thorough, straightforward, and effective.”

The Venminder SOC Assessment now offers a more structured and comprehensive review process, allowing for clear exception callouts and enhanced control insights. This revision helps customers better understand the effectiveness and integrity of their vendor’s control environment, leading to more informed decisions and robust third-party risk management.

Key features of the updated SOC Assessment include:

Comprehensive coverage provides a detailed review of the vendor’s audited control environment in scope of the SOC report, including administrative, technical, and physical controls, in addition to important information such as control exceptions and resulting auditor opinion. Complementary User Entity Controls (CUECs) are also presented to ensure your organization is aware of your control responsibilities.Expert analysis is conducted by a team of certified information security professionals, including CTPRPs, CISMs, CISAs, CISSPs, ABCPs, and more, ensuring a deep and precise understanding of SOC reports.Regulatory compliance that aligns with regulatory requirements allows customers to map controls directly to industry standards, laws, and regulations. (See how Venminder’s SOC Assessment maps to regulatory requirements, standards, frameworks, and laws: SOC Control Mapping)A standardized approach that enables consistent review processes for how SOC reports are reviewed and evaluated, ensuring comparable results across all vendors.

“By expanding our control evaluations and focusing on specific areas of risk, we’ve made our SOC Assessment both more rigorous and user-friendly,” Hyde added. “Our customers can now enjoy a seamless and efficient experience, enabling them to focus on strategic decision-making rather than getting lost in technical details.”

Venminder’s enhanced SOC Assessment is available directly on the Venminder platform, allowing for seamless interoperability with all their vendor risk management solutions. This in-app accessibility ensures customers can effortlessly leverage their full suite of tools. For additional flexibility, the assessment can easily be downloaded to access offline or shared with executives or board members, helping facilitate informed decision-making at every organizational level.

To learn more about Venminder’s SOC Assessment or to view an interactive tour, visit: https://www.venminder.com/product-tour/soc-assessment. For more information about Venminder and its solutions, please visit http://www.venminder.com.

About Venminder

Venminder is the leading provider offering a unified SaaS platform for third-party risk management. The platform is used by more than 1,200 customers to manage the entire vendor lifecycle, from onboarding to offboarding, with ease and efficiency. Venminder combines technology and human expertise to enable customers to manage vendors, track contract data, perform due diligence and oversight, send and score questionnaires, conduct risk assessments, systemically monitor risks across domains, order due diligence assessments on vendor controls, and much more. Venminder also powers Third Party ThinkTank, the largest online community dedicated to the practice of third-party risk. For more information, visit http://www.venminder.com or follow Venminder on LinkedIn, X, Facebook, and YouTube.

Media Contact

Venminder Media Team, Venminder, (888) 836-6463, media@venminder.com, www.venminder.com

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SOURCE Venminder

Technology

FranklinWH Introduces Enhanced 15 kWh aPower in Australia and New Zealand

Published

58 minutes ago

May 3, 2026

Expansion comes as policy shifts and rising power costs accelerate demand for residential energy storage

SYDNEY, May 4, 2026 /PRNewswire/ — FranklinWH, a leading provider of whole-home energy management and battery storage solutions, today announced the launch of its enhanced 15 kWh aPower battery in Australia and New Zealand, as demand for residential energy storage continues to grow, driven by evolving policy settings and increasing interest in energy independence.

The updated aPower builds on the company’s established platform, increasing usable capacity from 13.6 kWh to 15 kWh and raising warrantied throughput from 43 MWh to 60 MWh, an increase of 40 percent. These updates deliver more usable energy over the life of the system while maintaining the same footprint and price.

“The energy landscape is shifting quickly, and more homeowners are thinking beyond the upfront specs to what really pays off over time,” said Steve Ruskin, General Manager of FranklinWH Australia. “This upgrade is about delivering more performance over the life of the system, more usable energy, greater throughput, while staying true to our ‘buy once, buy right’ philosophy.”

The increase in warrantied throughput translates into savings for homeowners. Based on typical usage patterns and an electricity rate of A$0.35 per kilowatt-hour, the additional throughput may represent up to approximately A$5,950 in value over the lifetime of the system. The increase in usable capacity also improves energy density, lowering the effective cost per kilowatt-hour and supporting more efficient use of stored energy.

The 15 kWh configuration also aligns with current and upcoming policy frameworks benefitting residential battery adoption. This includes the updated Cheaper Home Batteries Program, with changes coming into effect for Australian homeowners from 1 May, 2026, helping households maximise value as incentives continue to evolve.

As the residential battery market expands, FranklinWH continues to focus on reliability and system performance. The aPower incorporates design elements to support durability, including structural reinforcement to reduce cell stress over time, per-cell temperature monitoring, and the separation of the battery pack and control systems to maintain reliable performance.

“We believe performance should be measured over years, not just at installation,” Ruskin added. “We focus on building systems that deliver consistent, reliable results over time. That long-term perspective is what ultimately defines value for homeowners.”

The aPower is designed to operate as part of the FranklinWH System, an integrated home energy management platform that coordinates energy generation, storage, and consumption. The system is designed to optimise multiple energy inputs, provide reliable backup power, and support more efficient and independent energy use at the household level.

About FranklinWH

FranklinWH Energy Storage is the manufacturer of the FranklinWH System. FranklinWH is a market-oriented, research-driven company focused on next-generation residential energy management and storage solutions. Located in Macquarie Park, Sydney with a global head office in the San Francisco Bay Area, FranklinWH’s team has decades of experience in energy systems, from design, through manufacturing, to sales and installation. FranklinWH is AVL-listed with multiple financial institutions.

Contact: Media@franklinwh.com

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SOURCE FranklinWH Australia Pty Ltd

Technology

Peninsula Visa Launches Comprehensive OCI Processing Services

Published

3 hours ago

May 3, 2026

Peninsula Visa, a trusted leader in immigration and visa processing services with over 50 years of expertise, today announced the launch of its comprehensive Overseas Citizen of India (OCI) processing services. To celebrate this milestone, Peninsula Visa is offering new users an exclusive 20% discount with promo code OCI20 at checkout.

SAN JOSE, Calif., May 3, 2026 /PRNewswire-PRWeb/ — Peninsula Visa, a trusted leader in immigration and visa processing services with over 50 years of expertise, today announced the launch of its comprehensive Overseas Citizen of India (OCI) processing services. To celebrate this milestone, Peninsula Visa is offering new users an exclusive 20% discount with promo code OCI20 at checkout.

For 50 years, Peninsula Visa has helped families navigate immigration. OCI processing is one of our most impactful services, connecting the Indian diaspora to their heritage. We’re proud to bring our expertise to help families secure OCI status with confidence. Evan James, CEO

A Full Suite of OCI Services

Peninsula Visa’s OCI services cover every stage of the OCI lifecycle, ensuring that members of the Indian diaspora receive expert support from start to finish.

The four service types now available are:

New OCI Application — For foreign nationals of Indian origin, spouses of Indian citizens or existing OCI card holders, and minor children with at least one Indian parent applying for OCI status for the first time.OCI Card Renewal — For card holders whose OCI card has expired, or whose linked passport has been renewed or replaced and requires an updated booklet.Re-issuance (Age Milestones) — OCI cards must be re-issued when minors reach the age of 18 and again when card holders turn 50, due to significant changes in appearance. Peninsula Visa guides clients through both transitions seamlessly.Miscellaneous OCI Services — Covering corrections to existing records, lost or damaged card replacement, address changes, and other administrative updates to the OCI file.

Why Choose Peninsula Visa for Your OCI Application

Peninsula Visa brings decades of institutional knowledge and a client-first philosophy to every OCI case.

Key value propositions include:

Expert Guidance — Dedicated OCI specialists with deep knowledge of consulate requirements, eligibility rules, and documentation standards across all service types.High Approval Rate — A meticulous multi-stage review process that identifies and resolves issues before submission, dramatically reducing the likelihood of rejection or delay.Fast Turnaround — Standard processing in 12-15 Business Days for most OCI service types, with real-time status updates throughout the process.End-to-End Support — Personalized document checklists, secure document uploads, expert form preparation, consulate submission, and post-submission tracking — all in one place.

Launch Promotion

Save 20% on any OCI service — new users only

OCI20

Enter code OCI20 at checkout. Available to new users. No expiration date.

Leadership Perspective

“For 50 years, Peninsula Visa has helped individuals and families navigate the complexities of immigration documentation. OCI processing is one of the most impactful services we have ever added — it directly connects the Indian diaspora to their heritage country in a lasting, meaningful way. We are proud to bring our proven expertise and client-centric approach to this important service, and we look forward to helping thousands of families secure their OCI status with confidence.”

Founded in 1975, Peninsula Visa has built its reputation on precision, transparency, and a genuine commitment to client outcomes. The addition of OCI processing services reflects the company’s ongoing mission to expand its offerings to meet the evolving needs of immigrants and their families across the United States.

Get Started Today

Eligible applicants can begin their OCI journey by visiting Peninsula Visa’s dedicated OCI Services page. New users can take advantage of the 20% launch discount by entering promo code OCI20 at checkout when selecting any OCI service type.

Media Contact

Evan James, Peninsula Visa, 1 4087277515, media@peninsulavisa.com, https://peninsulavisa.com/

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SOURCE Peninsula Visa

Technology

Peninsula Visa Launches Comprehensive OCI Processing Services

Published

3 hours ago

May 3, 2026

A Full Suite of OCI Services

Peninsula Visa’s OCI services cover every stage of the OCI lifecycle, ensuring that members of the Indian diaspora receive expert support from start to finish.

The four service types now available are:

Why Choose Peninsula Visa for Your OCI Application

Peninsula Visa brings decades of institutional knowledge and a client-first philosophy to every OCI case.

Key value propositions include:

Launch Promotion

Save 20% on any OCI service — new users only

OCI20

Enter code OCI20 at checkout. Available to new users. No expiration date.

Leadership Perspective

Get Started Today

Media Contact

Evan James, Peninsula Visa, 1 4087277515, media@peninsulavisa.com, https://peninsulavisa.com/