#Compliance Archives

The Benefits of Implementing Investigative Due Diligence Research to an Organization’s Supply Chain Vendor Management Program Initiatives

May 18, 2022 by Tom Canova

Most organizations that will be making strategic and critical business decisions, it is imperative to undertake an extensive due diligence investigation. Due Diligence is defined as, “the care a reasonable person exercises to avoid harm to other persons or their property.” Investigative Due Diligence refers to the research and analysis of an individual or organization done … Read more

Organizational Strategies To Manage Third-Party Vendor Risk

May 18, 2022May 16, 2022 by Tom Canova

Third-Party Vendor Risk Management (VRM) is an important part of the overall risk management landscape for enterprise organizations. Many corporations have thousands of suppliers: The recognized consumer goods company Proctor and Gamble states that it has over 75,000 suppliers. These suppliers are responsible for everything from software to raw materials, components in the product supply … Read more

Modevity Signs National Property and Casualty Insurance Company For Its Vendor Risk Management (VRM) Services

May 2, 2022 by Tom Canova

Vendor Risk Management as a Service West Chester, PA Modevity, LLC, a leading Commercial Intelligence company established in 2004 specializing in Investigative Due Diligence Research and Vendor Risk Management (VRM) Services, announced today that the company signed a three-year contract to support a US based Insurance client to outsource their Third-Party Vendor Risk Management program. … Read more

Expanding Scope of Vendor Risk Management Services Throughout the Enterprise

May 2, 2022 by Tom Canova

It seems that the potential for a major data breach event has organizations prioritizing third-party risk management across the board. But when it comes to evaluating and managing vendors and the potential threats they may present to the enterprise, the risks reach is far beyond IT-related cyber security challenges. The importance of the expansion of … Read more

Modevity Leading Vendor Risk Management (VRM) Services Company Announces New Financial Risk Scoring & Reporting

April 29, 2022April 28, 2022 by Tom Canova

Company Adds New Financial Risk Scoring & Reporting to Continue Expanding Their Extensive Capabilities West Chester, Pa., April 28, 2022 — Modevity, LLC, a leading Commercial Intelligence company established in 2004 specializing in Investigative Due Diligence Research and Vendor Risk Management (VRM) Services, announced today that the company has rolled out their new Financial Risk Scoring & … Read more

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