New solution combines Hiperos 3PM automated workflow and advanced screening with C6 global risk intelligence
Opus, the leading provider of global compliance and risk management solutions, today launched a new turnkey solution that dramatically simplifies and speeds up the ability to comply with anti-corruption regulations.
The Hiperos 3PM solution has pre-configured and automated workflow and screening capabilities that now also include comprehensive, global risk data from C6 Intelligence, a leader in Adverse Media, anti-bribery & corruption, anti-money laundering and Fraud Intelligence. The new solution puts all the tools global corporations need to manage their anti-bribery/anti-corruption (ABAC) risks in one place.
Bribery and corruption are among today’s most pressing risks, as companies around the world look across borders to grow their business, often engaging local partners to support their expansion into new territories. As third-party networks expand, so does exposure to corruption risk. Compliance teams are coming under significant pressure to improve their ability to quickly and easily identify, assess, mitigate and manage this risk.
“We are excited to launch this new unique offering that will provide companies with a comprehensive risk-based approach to ABAC that’s also easy to implement and maintain,” said Emanuele Conti, CEO of Opus. “By combining our purpose-built compliance solutions with global risk intelligence, we can now offer turnkey solutions that meet the compliance needs of enterprises around the world.”
Joel Lange, Managing Director, C6 said, “We are thrilled to partner with Opus to help clients meet regulatory guidance and use proven best practices to move beyond a traditional, due diligence-led approach. This partnership signifies our path toward a more sophisticated model that significantly increases efficiency and enhances protection from risk for our clients.”
The powerful combination of Opus’s workflow and C6’s high-quality risk intelligence data allows organizations to streamline and drive consistency in their compliance processes, including:
- Pre-built questionnaires for segmenting third parties according to risk and for gathering due diligence data
- Advanced risk screening against C6 global data that minimizes false positives
- A user-friendly interface to review due diligence findings, seamlessly order enhanced due diligence and approve/deny third parties
- Comprehensive reports that provide a holistic view of all third-party risk at any point in time
- Ongoing monitoring that alerts users to material changes in the profile of a third party
Opus is a global risk and compliance SaaS and data solution provider, created through a $500 million partnership between GTCR, one of the world’s leading private equity firms, and Doug Bergeron, Chairman of Opus.
Opus was founded on a simple premise: that faster, better decisions in compliance and risk management give businesses an extraordinary advantage in the marketplace.
Today, the world’s most respected global corporations rely on Opus to free their business from the complexity and uncertainty of managing customer, supplier and third-party risks.
By combining the most innovative SaaS platforms with unparalleled data solutions, Opus turns information into action so businesses thrive.