Third-Party Risk Management

Limit exposure to third-party risks to protect your reputation and bottom line

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.

Expand coverage beyond suppliers by mapping connections between parent companies, key stakeholders, and government entities.

A pharma giant expanded due diligence to

100%

of its global business entities

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.

Real value for our clients

Discover how we reduce third-party risks in your supply chain, helping safeguard your company from financial and reputational harm.

Get in touch with an expert