Minimize third-party risks with comprehensive due diligence to stay compliant and protect your brand
Businesses are expanding into new markets and partnering with third parties to fuel growth and gain a competitive edge. However, this brings operational, financial, regulatory, and reputational risks.
Vetting third parties can be challenging due to a siloed approach, but our third-party due diligence solution helps proactively mitigate the risks with digital technologies guided by deep industry expertise.
Streamline risk-based due diligence with greater insights to get a clear view of your third-party risk exposure faster.
A global pharmaceutical company saw up to
40%
reduction in cycle time in conducting assessments of third parties
Use AI/ML effectively to evaluate third parties and safeguard your firm from penalties and reputational harm.
A global consumer goods giant identified
135
high-risk suppliers and reduced the risk of regulatory noncompliance
Provide timely alerts to compliance, legal, and procurement teams through our case management workflow for quick action.
A global consumer goods company reviewed over
50,000
alerts on suppliers and associates and identified 135 high-risk suppliers
Cover risks like sanctions, corruption, political exposure, financials, responsible sourcing, and adverse media, among others.
Minimize risks with comprehensive third-party screening and monitoring
To protect your firm, our solution uses AI and machine learning (ML) to analyze global intelligence sources – such as compliance databases and publicly available information – to screen and assess current and potential third parties.
Then, we run a multilevel review to minimize false positives while ML continuously improves accuracy. Lastly, we give you insights through standard reports, interactive dashboards, and detailed audit trails to help you prevent issues and tackle remediation.
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