Your hub for deep-dive diligence
Manage your third-party monitoring and due diligence
From service provider selection projects through to ongoing monitoring, simplify the process of risk management.
Create and customise your own projects through SupplierSelect using prebuilt industry-standard questionnaires integrated on the platform, or import your own proprietary assessments. Take control and manage the end to end process internally.
Track completion rates and live projects in real-time and use SupplierSelect to communicate internally between your team or cross-department, as well as with respondents. Dashboards present your data in a way which makes it simple to stay on top of your projects and increase response rates through more efficient practices.
Assess and remediate
Receive a comprehensive assessment of all third-party data in one single platform. Use SupplierSelect’s advanced scoring functionality to compare the performance of your vendors. Manually score, auto-score, or override results based on further analysis. Spot issues immediately with scoring risk charts showing green, amber, and red results and use our workflow tools to track resolution of any identified issues.
Benchmarking and Reports
Move away from manual email and excel projects, produce meaningful analysis of your third parties’ data in-platform and benefit from granular benchmarking. Build comparison reports on your respondents and capture important details about specific risk issues.
SupplierSelect has been designed to respond to the specific needs and data hierarchies of the global financial services industry
Stand out for respondents
Make life easy for respondents and significantly increase your response rates.
- Answer once and reuse answers for other questionnaires.
- Follow logical respondents’ workflow to approve and commit.
- Divide and conquer – collaborate with colleagues and others to respond to questionnaires.
- Allocate questions to subject matter experts.
- Receive automated reminders to respond before the deadline.
- Offline population of questions via our editable PDF feature.