Large companies face stringent regulatory frameworks that have stiffened over the years. Recent regulations advocate for the implementation of thorough Due Diligence processes on a large scale. Indeed, Due Diligence has become a core requirement in the context of the fight against corruption and money laundering, but not only – it’s also crucial to any sustainable business approach.
Multinational companies are especially affected by these changes. Dealing with incredibly high numbers of third parties, they are facing the challenge of efficiently implementing due diligence processes to meet regulatory requirements.
Large In response to these concerns we created EDERIS. All-in-one, it puts technology. to work for you to efficiently assess risks related to a high number of third parties in accordance with carious regulations at once.
A risk-based approach developed by Due Diligence specialists:
Two parallel workflows to simultaneously meet the requirements of two different types of regulations:
EDERIS puts technology to work for you to efficiently assess and mitigate BOTH Corruption and ESG Risks at once
EDERIS can be seamlessly integrated into any compliance process to help you manage a large number of third parties on one platform
EDERIS comprises 3 successive stages: initial risk mapping based on our indexes, semi-automated screening, and Enhanced due diligence for sensitive cases
EDERIS meets regulatory obligations by tackling corruption and ESG risks with clear evaluation procedures and appropriate actions to mitigate and prevent third-party risks
Based on your internal compliance procedures, EDERIS allows for customizable criteria with your own data build in
With a standard account, benefit from additional documentation and services such as: