AUTOMATE, SIMPLIFY AND STREAMLINE YOUR THIRD-PARTY COMPLIANCE LIFECYCLE

We provide the most configurable, market-leading and customisable end-to-end third-party risk management platform to help our clients in every stage of their third-party compliance lifecycle.

Identify, Mitigate And Manage
Third-Party Risk

 

We help organisations reduce bribery and corruption risks for every stage of their third-party compliance lifecycle, by providing the most configurable, market-leading and customisable end-to-end third-party risk management platform.

Our platform is built hand-in-hand with our corporate clients, leveraging on Artificial Intelligence (AI) technology to automate and streamline their third-party compliance lifecycle.

Combining the innovative platform with our global expertise in the risk and compliance space, we provide our clients with the assurance that their third-party risks are identified, mitigated and managed on an ongoing basis.

Identify, Mitigate And Manage
Third-Party Risk

We help organisations reduce bribery and corruption risks for every stage of their third-party compliance lifecycle, by providing the most configurable, market-leading, end-to-end third-party risk platform.

Our platform is built hand-in-hand with our corporate clients, leveraging on Artificial Intelligence (AI) technology to automate and streamline the third-party compliance lifecyle.

Combining the innovative platform with our global expertise in the risk and compliance space, we provide our clients the assurance that their third-party risks are identified, mitigated and managed on an ongoing basis.

Did You Know?

1.8%

of third parties have been discovered with alerts on sanctions, enforcements and regulatory actions either at the initial screening stage or through ongoing monitoring.

SANCTIONS RISK

5.6%

of third parties have been discovered with alerts on negative media and Politically Exposed Person (PEP) association either at the initial screening stage or through ongoing monitoring.

PEP RISK

6.4%

of third parties were escalated to further due diligence initiatives including Due Diligence Questionnaire (DDQ), signing code of conduct and anti-corruption policies.

DUE DILIGENCE QUESTIONNAIRE

86%

of our clients configured the workflow and predictive risk indicator to align with their internal risk policies and processes.

CONFIGURED WORKFLOW

53%

of third parties with risk alerts have been remediated and remained red

REMEDIATION

100%

of third parties are saved for continuous monitoring.

ONGOING MONITORTING

Did You Know?

1.8%
SANCTIONS & ENFORCEMENT RISK

1.8% of third parties have been discovered with alerts on sanctions, enforcements and regulatory actions either at the initial screening stage or through ongoing monitoring.

5.6%
BRIBERY & CORRUPTION RISK

5.6% of third parties have been discovered with alerts on negative media and other risk databases associated with this risk at the initial screening stage or through ongoing monitoring.

2.4%
ENVIRONMENTAL, HUMAN RIGHTS OR LABOUR RISK

2.4% of third parties have been discovered with alerts on negative media and other risk databases associated with Environmental crimes, Human Rights violations or unethical Labour practices.

86%
CONFIGURED WORKFLOW

Our platform. Your Process

Our easily configured workflow and Predictive Risk Indicator (PRI™) allows our clients to be up and running with their process in a matter of a few days.

8.4%
DUE DILIGENCE QUESTIONNAIRE

8.4% of third parties were escalated to further due diligence initiatives including Due Diligence Questionnaire (DDQ), signing code of conduct and anti-corruption policies.

100%
REMEDIATION

All alerts are remediated through our Artificial Intelligence (AI) driven remediation process. Our heuristic algorithm has removed guess work from remediation.

100%
SCREENING & ONGOING MONITORING

Using our proprietary technology, it is possible to cost-effectively screen and monitor 100% of your third parties.

How We Can Help

Third-Party Risk Management

Your Process. Our Platform

We provide the most configurable, market-leading and customisable end-to-end third-party risk management platform to help you manage risks for every stage of your third-party compliance lifecycle. 

Risk-Based Screening & Enhanced Due Diligence

Entering into a contract with an organisation or individual without full knowledge of their past and present can pose significant risks to your organisation.

Third-Party Communications & Training

Educate and train your third parties to achieve compliance standards, promote ethical business practices and protect your organisation.

We combine expertise, innovation and advanced Artificial Intelligence (AI) technology to help you automate, simplify and streamline your third-party compliance lifecycle.

What Our Clients Are Saying About Us

We engaged an independent consulting firm to run an annual customer satisfaction survey and hear
what our clients are saying about us

AUTOMATED WORKFLOW & MARKET-LEADING PLATFORM

“Everything is valuable in ethiXbase’s platform, from the moment they trigger the automatic email directly to the third parties, the third parties respond directly via the platform, the Enhanced Due Diligence (EDD) reports are good, the Instant Due Diligence Plus (IDD+) is a very good complement for changes in management. The whole process is very useful.”

Head Group of Compliance 

Fortune 500 Pharmaceutical Company

CLIENT CENTRIC

“Excellent is a very difficult concept to achieve, I do not want to oversell my satisfaction, but generally I am extremely satisfied with them.

I would go for 9/10 for their customer service and the same perception is from within the organisation. I never received a negative feedback from our team and our users rated the platform being easy, really intuitive and they like it.”

Head Group of Compliance 

Global Agri-business Company

THIRD-PARTY PROFILE MANAGEMENT

“ethiXbase has been really helpful and responsive. The platform itself is very user-friendly and everything now is much more organised for us and there’s a lot more automation in the process now.

They have been really helpful with not just the product, but also suggestions. They’ve sometimes steered us towards more cost-effective things that would provide a similar level of protection. I’ve never been frustrated with waiting for a response.” 

Group Compliance Manager

Global Medical Devices Suppliers

COST-EFFECTIVE DUE DILIGENCE REPORT & COMPETITIVE TAT

“We tested their reports, their ability to satisfy our countries, and tested how responsive they are. We chose ethiXbase as their overall performance taking into consideration the TAT, quality and price was the best.”

Head Integrity & Compliance

Fortune 500 Cloud-Based Software Company

END-TO-END RISK MANAGEMENT LIFECYCLE

“We asked ethiXbase and a few other global third-party risk vendors to come onboard and do a presentation to key committee members. We looked at and compared local customer support, platform features, reports and budget. Based on those criteria we selected ethiXbase.”
Group Compliance Manager

APAC Leading Engineering Company

CONFIGURABLE PLATFORM & THIRD-PARTY COMMUNICATIONS MODULES

“The greatest value for us is the documentation on the system of three elements: compliance clause, due diligence questionnaire and code of conduct for each third party. Also, what is valuable is the fact that they were designed by us and it’s configurable.”

Head Integrity & Compliance

Global Retail Company

Why ethiXbase?

Expertise & Agility

The ethiXbase strategic team is comprised of seasoned professionals who are actively advancing compliance solutions in close partnership with clients and the industry.

Innovation & Technology

We are constantly investing in technology to ensure we deliver results; we know they matter. Our platform is built hand-in-hand with our corporate clients, leveraging on Artificial Intelligence (AI) technology to automate and streamline your end-to-end third-party compliance workflows.

Consultative Approach

We know that no two businesses’ third-party risks are the same. We configure and tailor solutions based on your risk profile and budgetary requirements.

Integrity & Commitment

From the board down, ethiXbase is committed to improving business ethics, best practices, and compliance processes by making solutions accessible for every organisation, no matter their size or budget.

News & Resources

Brazil: Carrefour Brasil targeted in Sao Paulo bribery probe, may face heavy fine

The city of Sao Paulo is investigating the wholesale unit of Carrefour Brasil SA in connection with an alleged bribery scheme, the local official gazette …

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United Kingdom: UK tax authority accuses General Electric of fraud in $1bn dispute

The UK tax authority has accused General Electric of fraud in a $1bn dispute over tax deductions claimed by the industrial conglomerate going back 16 …

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United States: U.S. Blacklists Bosnian Politician Over Involvement In ‘Significant Corruption’

The U.S. Department of State has blacklisted Amir Zukic, a former member of Bosnia-Herzegovina’s lower house of parliament accused of involvement in “significant corruption” in …

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