Third parties are typically a company’s main sources of exposure to legal, financial, reputational and strategic risks–and compliance officers are responsible for identifying and managing them...
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...
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...
Due Diligence
Due diligence has changed beyond recognition in recent years and continues to evolve at pace. Traditionally, it involved a team of compliance officers manually searching through legal documents and financial accounts to detect risks of doing business with a third party. But in 2023, that model is far from sufficient for a company to mitigate rising legal, financial, reputational and strategic risks.In this E-Book, we explore ten trends which have transformed what companies need to do around due diligence and regulatory compliance. This includes the explosion of new technologies; the need to understand corporate Environmental, Social and Governance (ESG) impacts; and the increase in enforcement action against due diligence failures. Then, we suggest ten steps companies should take to manage these emerging risks. Finally, we explain how Nexis Diligence+ from Nexis® Solutions can help make organizations’ compliance processes more effective, more efficient, and more prepared for the new era of due diligence.