Streamline Your Third-Party Due Diligence with Business Radar
Accelerate Risk Assessment and Ensure Compliance with Our Automated Third-Party Due Diligence Software
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Do you want to ensure transparency along your supply chain and with your partners? It’s time to explore Business Radar:
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Complete Confidence in Your Third-Party Partnerships
Third-party due diligence is only effective when it thoroughly evaluates all aspects of potential business partners. Business Radar provides a streamlined solution to identify risks, ensure compliance, and deliver actionable insights across your partner network. With comprehensive data coverage and automated precision, you can confidently assess every third party without the inefficiencies of manual checks.
Uncover Risks Where Others Don’t Look
Risks are rarely on the surface. Business Radar dives deep into corporate networks, revealing connections and relationships that often go unnoticed. Every layer of the third party’s structure—directors, beneficial owners, and subsidiaries—is automatically analyzed across jurisdictions and languages. From financial instability to sanctions and compliance breaches, Business Radar ensures you have complete visibility into potential risks.
A Smarter Way to Assess Third Parties
Manual processes slow teams down and leave room for error. Business Radar automates the due diligence process, reducing complexity and delivering consistent, high-quality insights. By intelligently filtering through global data sources, the platform eliminates irrelevant noise and false matches, so you only see what matters. Final reports are curated and summarized, allowing you to act quickly with the confidence of knowing your decisions are based on verified, real-time information.
Comprehensive Coverage for Every Type of Risk
Third-party partnerships can bring risks across financial, operational, and ethical areas. Business Radar aligns with over 210 predefined risk categories, covering issues such as fraud, money laundering, and regulatory enforcement, as well as ESG concerns like human rights violations and environmental harm. With the ability to tailor screening parameters to match your regulatory and internal policies, Business Radar gives you full control over the risks you monitor.
210+
Risk Categories
80%
Reduction False Positives
1.000.000+
Data Sources
100+
Translated Languages
1.400+
Sanction Lists
“We enjoy working with Business Radar, Their service is fantastic, the collaboration has been exemplary and it has improved our business processes.”
Kiera Clifton –
Senior Underwriter – Atradius
A Solution Built for Results
Business Radar is trusted by organizations that need certainty in their third-party relationships. The platform combines global reach, cutting-edge automation, and ease of use to transform due diligence processes. Whether assessing a single partner or screening at scale, you’ll have the clarity to make decisions with speed and confidence – while keeping compliance front and center.
See Business Radar in Action during a free demo!
Frequently Asked Questions
What makes Business Radar stand out?
Our media database is the most extensive in the market, including real-time negative news screening capabilities and access to niche business gazettes and local outlets worldwide. This ensures that you are safeguarded against emerging threats with unparalleled media scrutiny. Additionally, we offer comprehensive sanctions screening against over 1,400 sanction lists from 180 countries, an in-depth legal enforcement database, and real-time monitoring to ensure compliance with international regulations.
What are examples for Third Party Due Diligence?
- Supplier Vetting: Assess supplier reliability and compliance before engagement.
- Vendor Risk Management: Monitor vendors to mitigate operational risks.
- Partner Screening: Verify new business partners for financial stability and legal compliance.
- Compliance Audits: Automate documentation and ensure consistent regulatory compliance.
Why Choose Business Radar for Third-Party Due Diligence?
- Trusted Globally: Businesses worldwide rely on Business Radar for secure and compliant third-party partnerships.
- Expert Support: Our dedicated team ensures smooth onboarding and ongoing success.
- Customizable Solutions: Tailor workflows to align with your third-party due diligence policy.
- Compliance-Ready: Stay ahead of global regulatory changes with real-time compliance monitoring.
How does Business Radar work?
- Enter Third-Party Information: Add partner or vendor details to begin the due diligence process.
- Automated Risk Analysis: Scan real-time global databases for financial, compliance, and reputational risks.
- Generate Comprehensive Reports: Receive detailed risk assessments and actionable insights instantly.
How does the collaborative investigation platform work?
Our integrated platform allows your team to collaborate efficiently, sharing findings, discussing potential risks, and deciding on next steps collaboratively. This streamlines investigative workflows and enhances team coordination.
What are the benefits of API integration?
API integration allows for seamless system incorporation, enhancing your internal processes with our robust data streams. It ensures easy access to our services, making your risk management and compliance efforts more efficient.
How does Business Radar handle multilingual event translation?
Our service automatically translates adverse events into more than 100 languages, ensuring comprehensive coverage and understanding of global risks without language barriers affecting the accuracy of your risk assessments.