Third parties are typically a company’s ma in exposure to legal, financial, reputational and strategic risks–and compliance officers are responsible for identifying and managing them. This...
Companies rely on third parties and suppliers around the world to deliver their products and services efficiently and effectively. But these third parties are also becoming a company’s main exposure...
Why is third party risk now at the top of a company’s agenda? Ten trends have come together to bring third party risk management to a tipping point. Seven of them are already in effect, such as global...
A due diligence checklist takes you step-by-step through the information you need to consider to help carry out a thorough investigation when you’re contemplating a new commercial relationship, a...
The Nexis Diligence+ solution goes beyond just public records or sanctions, combining sophisticated technology with a more comprehensive collection of global data to deliver in-depth, 360-degree assessments...
Nexis Diligence+™ helps you mitigate reputational, regulatory, financial, and strategic risks by connecting you to the critical intelligence needed to confidently vet your customers, suppliers, partners...
Due Diligence
Companies rely on global third parties and suppliers to deliver their products and services, but these third parties are increasingly becoming their main exposure to risk. In recent years, ten trends have emerged to change the type and scale of third-party risks. These developments bring forth new legal, financial, reputational, and strategic challenges for organizations.
The following checklist addresses each trend in turn, then suggests how companies can address them to better manage third party risk–with help from LexisNexis’ unrivaled data and technology.