From: RegTech Analyst
Third-party risk intelligence supplier Argos Risk has formed a strategic partnership with Gatekeeper, a contract and vendor management SaaS solution.
Gatekeeper automates supplier onboarding and vendor compliance, while boasting integration support for over 220 third-party solutions Its technology supports enhanced tracking of vendor performance and drives value with relationships.
The Argos Risk AR surveillance solution utilises more than 10,000 data points to assign risk scores to a company’s third-party relationships. The platform automatically generates and sends alerts about changes, including lawsuits, liens, mergers, acquisitions, key executive changes and other news.
Companies can easily gain key information on their operations including financial viability, current trade payment behaviour, business health and industry outlook.
Gatekeeper director Patrick O’ Connor said, “This partnership benefits our customers by providing them with up-to-date risk information on their key vendors and counterparties. Whether alerted to changes in the risk profile of existing vendors or surfacing the information pre-signature to help with decision-making, Argos Risk’s data is a natural fit with the Gatekeeper solution.”
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