Global transactions and regulatory scrutiny increasingly compel companies to examine their business relationships. Companies want to assess risk and comply with regulatory requirements when dealing with third parties.
Provides cost-effective and time efficient risks related to:
Decreases risk and adds advantages through:
Managing risk by monitoring corporate profile data over thousands of clients. Astrus provides more timely alerts than a manual process when changes occur that may affect a customer’s risk rating.
The client was able to remove the need to scale teams up and down to deal with spikes of activity and large remediations, and benefitted from an optimised compliance system with full audit trail, and supporting evidence with date and time stamps.
Our services have been driven and informed by Foreign Corrupt Practices Act (FCPA) investigations and response by life sciences firms seeking to enhance their integrity compliance programs via robust third-party on-boarding, risk assessment, certifications and due diligence vetting and monitoring.
Astrus provided automated and targeted monitoring functionality to provide timely and responsive alerts about client third parties.