Work on what matters
Automate repetitive due diligence tasks with the ethiXbase API, so you can scale your global compliance programmes and focus your team on the strategic work that matters most.
Benefits of the ethiXbase API
AUTOMATION
The ethiXbase API was built to automate the repetitive due diligence tasks that are time consuming. Use dedicated endpoints to screen for indications of fraud or corruption, search across adverse media and politically exposed persons and gather company registration and contact data.
RISK-BASED WORKFLOW
It goes further than just automating individual tasks in isolation. The outcome from each step can be automatically assessed and used to start the next logical task, allowing you to take a risk-based, decision-oriented approach without the burden of manually assessing every step.
FASTER DECISION-MAKING
By automating each compliance step in your process as well as the decision points in between each step you can scale your team’s output. Business owners get due diligence decisions faster and your team can focus on the strategic work that brings measurable value to your company.
What the API Can Do
Comprehensive screening
- Verify third parties against over 170 million company registry records and 60+ Sanctions & Watchlists.
- Escalate to detailed risk intelligence for greater insight and coverage from 800+ Government, Sanctions, Enforcements & Watchlists, Politically Exposed Persons (PEP) & Adverse Media (English), and 10M+ risk profiles from 120K+ unique sources.
Remediation
- All matching alerts are remediated through our Artificial Intelligence (AI) driven remediation process.
- Our heuristic algorithm has removed guess work from remediation.
- False positives are eliminated to increase process efficiency.
Ongoing monitoring
- Using our proprietary technology, it is possible to continuously monitor vendor risk and performance.
- Set periodic automated risk reviews for third-party relationships based on your own metrics.
- Where changes have occurred that impact risk, ethiXbase 360 triggers the appropriate escalation and review.
Perceived Risk Indicator
- Assess initial risks of your third parties using the Perceived Risk Indicator (PRI™) which aggregates data from multiple sources to provide an overarching view of the potential risk of a third party.
- The PRI™ is based on a number of factors including three commonly identified risk data points, namely - the third party's industry, location and public risk profile.
- The PRI™ can be configured based on your own risk criteria.
due diligence Questionnaires
- Automated retrieval of key compliance information with our Smart Due Diligence Questionnaires (DDQ) module.
- The ethiXbase Smart DDQ enables organisations to set triggers or actions based on information contained in the questionnaires.
- The Smart DDQ dashboard presents vital intelligence and powerful analytics all in one place, for viewing third-party risks at a glance.
Key Features of the ethiXbase API
Easy to set-up RESTful API
Cloud-based providing 99.9% reliability
Secure data encryption at rest and in transit
Comprehensive API documentation
Dedicated technical support
How to Use the API
Have an existing platform with us?
Then you could choose to use the API to trigger that existing workflow from your business system of choice and return the outcome to the same system.
New to ethiXbase?
We’ll give you access to a complete set of endpoints so you can build an entire workflow from the ground up.
need something extra?
Don’t worry we can also create custom endpoints as required.
Get in touch.
