Vendor risk management As a service
Our analysts are experts in due diligence and open source research services will become a seamless extension of your team.
We will verify vendor identity for accuracy, minimize the potential for fraud, and meet regulatory requirements.
As well as, Identify any risk associated with the supplier you are examining, such as redundant SSNs, OFAC and PEP listings, criminal records, and businesses tied to the same FEIN, litigation, etc.
Why is it Vital to Know Your Vendors & Partners?
Potential vendor threats can expose your company to operational, financial, cybersecurity, and reputational risks.
OUR SERVICES
Browse our services below to see how we can best serve you.
M&A/Private Equity Due Diligence Research Services
Identify potential risks in deals so you can make informed decisions
Vendor Risk Management as a Service
Protect your company’s financial position, operations, and reputation with VRM offered as a service
Know Your Customer (KYC)
We harness the power of big data to help organizations comply more effectively with federal regulations.
Legal Due Diligence Research Support
We can help with legal cases, client acquisitions, business/partnership agreements, and client risk management program initiatives.
Cyber Security Assessment Services
The DOL maintains that plan sponsors should survey their key vendors to ensure they are acting in accordance with the best practices.
Law Enforcement Investigation Due Diligence Support
Quickly augment your Law Enforcement Department with enterprise database technology & open source analysis.
Background Check Services
Utilizing cutting-edge data platforms, we can access billions of public & private data points to provide powerful background profile screening reports.
Outsourced Due Dilligence Services For Business of all Sizes
In the areas of data security, research, and compliance
VRM FAQ
General Questions
Also, feel free to contact us or schedule a call
Any outside entity, individual (e.g., suppliers, vendors, service providers, consultants, partner organization), can be classified as a third party. They are connected to or has access to organizations supply chain or physical locations and needs to be evaluated using due diligence vendor risk ratings reporting and assessment questionnaires and other tools.
It is important to manage third-party risks to make informed risk management decisions and comply with regulatory requirements and organizational compliance policies. Failure to adequately manage third-party vendor risk may increase your organizational exposure to operational risks, major data exposure, financial losses, and significant, and adverse reputational impact.
Modevity provides a comprehensive outsource managed services for client organizations Vendor Risk Management program needs. We will Identify all red flag risks associated with the vendor/supplier in your supplier chain, such as but not limited to OFAC and PEP listings, criminal records, litigation history, liens, judgements, etc.
