Compare D&B Risk Analytics vs. Lotis AZON 230

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.

Lotis AZON 230 Managed serves as a comprehensive business operations intelligence and compliance tool that integrates disparate operations and supply chain dependency data into a cohesive, audit-ready resilience framework specifically designed for financial institutions working to comply with APRA CPS 230 regulations. By merging specialized software with professional consulting, Lotis ensures that organizations do not have to compromise on the aspects of personnel, data quality, or tools. Their unique SPLITer methodology facilitates the mapping of Suppliers, People, Locations, Information, and Technology in a matter of days rather than months, ensuring a swift and efficient process. With guaranteed data quality, boards can rely on up-to-date dashboards and audit evidence without the hassle of managing spreadsheets. Additionally, the fixed monthly pricing is set at a rate lower than hiring a part-time analyst. The managed service provided by Lotis, along with its online portal, effectively incorporates risk assessments into strategic sourcing, business transformation initiatives, and change management processes. In a landscape where boards seek transparency and regulators demand accountability, Lotis stands out by providing both assurance and evidence with unwavering reliability. Their commitment to operational excellence empowers organizations to navigate complexities with confidence and clarity.