Third-party Risk Due Diligence
Due Diligence Workflows (Onboarding, Reassessment, and Offboarding), Risk Concentration Map, Due Diligence Management Page.
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About
The Due Diligence application, part of Third-Party Risk Management, offers preconfigured workflows for seamless onboarding, reassessments, renewals, and offboarding to manage the full due diligence lifecycle. It also includes a Risk Concentration Map and an intuitive Due Diligence Management page for efficient workflow oversight.
Key Features
The Due Diligence application includes:
- Preconfigured due diligence workflows (onboarding, reassessments, renewals, and offboarding)
- Risk Concentration Map
- Event-driven Management Rules
- Due Diligence Management dashboard
- IRQ capabilities to manage the workflows
- Option to auto-populate third-party questionnaires with answers from previous questionnaires