Compare 3rdRisk vs. D&B Risk Analytics

Concerns are mounting regarding supplier (third-party) relationships, particularly in areas such as cyber threats, sustainability, compliance, and continuity risks. The frequency and ramifications of incidents involving third parties, along with increasing compliance requirements, are becoming more pronounced. Our platform functions as a secure, integrated hub designed to promote collaboration across various internal risk disciplines, business teams, and external partners. It allows for the efficient and secure exchange of documents and questionnaires while offering a cooperative environment for developing shared requirements. Within this unified platform, internal teams have the flexibility to determine which information they wish to disclose to other groups and outside entities. Furthermore, our third-party catalog integrates effortlessly with your internal procurement systems and external data sources, providing a centralized view of your entire third-party ecosystem. This all-encompassing perspective encompasses essential details about contracts and unique features, ensuring that you have a thorough understanding of your third-party relationships. By leveraging this platform, organizations can enhance their risk management strategies and strengthen their overall resilience.

Globally, teams in risk, procurement, and compliance are under pressure to manage geopolitical risks and business risks. Third-party risks are impacted by the complexity of domestic and international businesses, as well as complex and diverse regulations. It is crucial that companies proactively manage third-party relationships. This cutting-edge platform, powered by D&B Data Cloud's 520M+ Global Business Records with 2B+ annual updates for third-party risks, is an AI-powered solution that mitigates and monitors counterparty risk on a continual basis. D&B Risk Analytics uses best-in class risk data, including alerts for high-risk purchases and match points of more than a billion. This helps to drive informed decisions. Intelligent workflows allow for quick and thorough screening. Receive alerts on key business indicators.