Third-Party Risk Management
Integrate adverse media, sanctions, PEPs, and other relevant datasets from Nexis Data+ for faster, more insightful third-party risk management.
How Nexis® Data+ Supports Risk Management
Keeping pace with emerging risks across the business landscape demands fast, actionable insights. With Nexis® Data+, you can tap into adverse media, key compliance datasets, and other data to bolster entity risk screening, enhance due diligence, and enable proactive risk monitoring to bring potential risk red flags into view sooner. Gain a multi-dimension view of risk exposure ranging poor ESG ratings among entities in your supply chain to the regulatory and financial consequences of unseen compliance threats. Harnessing a variety of data sources empowers your organization to manage risks more effectively, ensuring operational integrity and maintaining your standing in the global marketplace.
This strategic move has streamlined the bank’s third-party risk management, marrying advanced data with AI for robust compliance and operational efficiency. Enriched data allows for an ongoing adverse media feed fine-tuned to the bank’s risk considerations. As a result, the bank has shortened the timeline for comprehensive risk assessments and monitoring, helping to ensure compliance while improving client relationships and predictive risk management.
Risk Management Resources
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Discover how Nexis Data+ can impact your business goals. Complete the form below, call 0330 161 1234 or email contact@lexisnexis.co.uk to connect with a Data Consultant today.