With organizations increasingly relying on third parties, managing third-party risk is a multifaceted challenge that requires a comprehensive approach. See how Evident’s Third-Party Risk Management Platform revolutionizes the exchange of third-party risk data to better inform your risk management program.
From managing regulatory compliance to reputation risk to critical operational and financial disruptions, risk managers are faced with the challenge of automating tens of thousands of data points within manual, clunky legacy systems. This leads to a simple, yet pervasive problem within risk departments. Limited resources mean that risk managers can only monitor a small percentage of their entire third-party network.
Enable monitoring of your entire third-party network with the automated collection, verification, and continuous monitoring of tens of thousands of data points.
Streamline operations, adapt to evolving needs, innovate processes, and automate tasks, effectively eliminating the need for constant oversight and manual evaluation.
With hundreds of clients and millions of pre-vetted Evident Network members, we’re redefining risk management, ensuring confidence in every connection.
Experience unparalleled reliability in validating third-party compliance. We begin the due diligence process by identifying and gathering relevant facts across 30,000 data sources. We then compare them with your specific requirements or industry standards, ensuring a solid foundation for your compliance journey from the outset.
Our platform seamlessly integrates the review of submitted evidence, providing you with a comprehensive assessment of third-party compliance.
Say goodbye to clunky third-party risk mitigation processes and hello to centralized and highly configurable control over your third-party requirements. Our automated system ensures seamless evidence collection from third parties, sparing you the headache of manual gathering and chasing down documents.
With Evident, onboarding has never been smoother. Thanks to our fully automated documentation collection, administrative burdens shrink by up to 90%, freeing your time for more strategic initiatives. Bid farewell to endless email chains and welcome a new era of efficiency.
Experience unparalleled confidence in validating your third-party relationships with Evident’s meticulous diligence process. We kickstart your journey by delving into over 30,000 data sources, meticulously gathering and analyzing relevant facts. Each piece of information is then compared against your specific requirements, laying a rock-solid foundation for your compliance journey right from the start.
Because risks don’t fade away after onboarding, proactive risk management is essential for maintaining resilience and protecting your organization’s interests. Timely detection of risks allows organizations to implement proactive risk mitigation measures, such as strengthening security controls, enhancing due diligence processes, or diversifying their vendor portfolio.
With Evident’s continuous monitoring capabilities, you can stay ahead of the curve and navigate the complex landscape of third-party risks with confidence.
See how Evident's insurance verification solution helped 5F-SuperHighway achieve significant growth. They needed a comprehensive verification tool that could quickly evaluate a range of different credentials like proof of insurance, criminal history, business registrations, and other risk signals.
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Get real-time updates on regulatory changes and automate compliance checks, ensuring your organization remains fully compliant with the evolving regulations landscape. Our platform generates audit-ready reports to help mitigate the risk of fines or penalties.
Get customized risk assessments tailored to your organization’s strategic objectives, helping you identify and mitigate risks that could impact your long-term goals. Our expert guidance and AI-powered insights enable proactive risk management, ensuring your strategic initiatives are executed with confidence.
Assess the risk posed by subcontractors through comprehensive due diligence and monitoring. Our platform centralizes subcontractor data, streamlines risk assessments, and provides visibility into subcontractor compliance status, minimizing the risk of disruptions to your operations.
Assess the financial viability of third-party partners with Evident’s automated financial analysis. Our platform analyzes financial statements, credit scores, and other indicators to evaluate the financial health of vendors, suppliers, and subcontractors, reducing the risk of financial instability in your supply chain.
Identify and mitigate operational and supply chain risks with Evident’s comprehensive risk management solutions. Our platform centralizes supply chain data, enabling you to proactively address issues and optimize your supply chain resilience.
Protect your organization’s reputation with Evident’s reputation monitoring and risk mitigation. We monitor social media channels, news sources, and online reviews for potential reputational threats, providing timely alerts and actionable insights to help you preserve brand integrity and trust.
Our platform conducts thorough legal due diligence, assesses contract terms and conditions, and monitors legal compliance to minimize the risk of lawsuits, disputes, and regulatory non-compliance.
Our risk management philosophy is to integrate data-driven insights, machine learning, and a configurable framework to proactively identify and mitigate risks while offering flexibility tailored to your specific requirements.
Data is king. That’s why we collect a wealth of data during the onboarding, evidence verification, and continuous monitoring process. We identify patterns, trends, and proactively mitigate risks before they escalate.
Evident utilizes AI to identify any potential risks based on historical and live data. Our AI doesn’t sleep and provides continuous analysis and learning from your data and comparisons with relevant industry-wide data.
Evident allows organizations to tailor their risk management processes according to their specific requirements, regulatory obligations, and risk tolerance levels.
