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RFP Selection and Screening

When selecting a service provider for a complex requirement, there is so many considerations that can make a manual process time consuming and unmanageable. Use our Orbit Diligence technology to conduct an RFP and issue large questionnaires at scale to potential service providers.

  • Give prospective service providers deadlines and follow up with automated reminders to respond.
  • Communicate within the platform and feedback throughout the process.
  • Maintain a fair process by opting to restrict access to responses until all submissions have been completed.
  • Use Orbit’s advanced scoring and benchmarking functionality to shortlist and ultimately select the most appropriate provider, as objectively determined based on a series of requirements.
  • Enable multiple teams to come together and have access to certain parts of the process relevant only to them. Be sure you’re selecting the best provider according to multiple factors.

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Resources for RFP Selection and Screening

Thomas Murray - News

Risk Intelligence

The failure of SVB and Signature raises serious questions. Thomas Murray's Chief Risk Officer, Ana Giraldo, looks at the implications.

Thomas Murray - News

Article

This year, the theme of International Women’s Day is “DigitALL: Innovation and technology for gender equality.

Thomas Murray - News

SupplierSelect

Attention turns to critical third parties and third-party risks

Thomas Murray - News

SupplierSelect

Financial regulators around the world have renewed their focus on third-party due diligence, especially in terms of operational resilience.

For more information about RFP Selection and Screening, contact our experts:

Derek Duggan

Head of Sales

+44 (0) 20 8600 2305

Albert Kwok

Head of Technology Operations

+44 (0) 20 8600 2357