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Third-party Risk Assessments, Tailored to you
Make faster, more confident third-party decisions with structured, risk-based assessments that identify risk across your third-party ecosystems.
Why you need Vendor Risk Assessments
One-size-fits-all
approach waste time
Applying the same level of due diligence to all third parties slows wastes significant resources and fails to prioritise real risk.
Static due
diligence
Point in time risk assessments overlook emerging risks over time, causing inconsistent and unreliable data.
Risk signals are inconsistent
and fragmented
Data collected across teams and systems lacks structure, making it difficult to compare, prioritise, and act on risk.
How Ethixbase360 helps
Ethixbase360 provides a structured and configurable approach to third-party risk assessment, ensuring consistent, risk-based decision-making across your third-party lifecycle.
Consistent & proportionate approach
Rapidly identify and categorise third-party risk and assign proportionate levels of due diligence for a risk-based response.Accurate & always-on visibility
Leverage accurate risk profile data that responds to emerging third-party risks, configured to your due diligence requirements.
Standardised, centralised data
Collect consistent, comparable risk data across all third parties to support prioritisation and decision-making.Key Capabilities
Standard Risk Assessment
Leverage best-practice risk criteria developed by subject-matter experts, with predefined scoring and risk tiers embedded into due diligence workflows.
Configured Risk Assessment
Configure automated risk ratings to your business’s defined risk assessment criteria, weightings and thresholds or leverage our specialist off-the-shelf risk rating methodologies.
Ongoing screening and monitoring
Continuously monitor third parties against sanctions, adverse media, and political exposure lists to uncover emerging risks.
Frequently Asked Questions
How are risks assessed?
How are risks assessed?
Risks are assessed using structured and repeatable methodologies.
Can models be customised?
Can models be customised?
Yes. Risk criteria and weightings can be configured.
Are assessments repeatable?
Are assessments repeatable?
Yes. Assessments can be rerun as risk changes.
Do they trigger actions?
Do they trigger actions?
Yes. Results drive due diligence and monitoring actions.
Are results auditable?
Are results auditable?
Yes. All assessments are recorded and reportable.