Compare Ethixbase360 vs. D&B Risk Analytics

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What is Ethixbase360?

To streamline the digitization of your internal onboarding processes and risk assessments, you can incorporate external information sources during the onboarding phase. This approach facilitates a uniform, automated procedure accompanied by an easily retrievable audit trail. All relevant documentation and data from third-party sources can be centralized for convenient access. As third-party ecosystems grow increasingly intricate and varied, organizations face heightened risks concerning their reputation and regulatory adherence. Many professionals in compliance, law, and procurement may find the challenge of overseeing numerous third-party relationships across their global ecosystems daunting. Each business tends to adopt its own unique methods for managing these relationships. This notion forms the foundational idea behind our third-party compliance platform, ethiXbase360, which is designed to simplify and enhance the management of third-party compliance. By leveraging our platform, organizations can effectively navigate the complexities of third-party interactions while reducing potential risks.

What is D&B Risk Analytics?

Around the world, teams focused on risk management, procurement, and compliance face increasing demands to navigate the challenges posed by geopolitical and business risks. The intricacies of both domestic and international operations, alongside a myriad of regulations, significantly influence third-party risks. Therefore, it is essential for organizations to take a proactive approach in managing their relationships with third parties. This innovative platform, leveraging the D&B Data Cloud's extensive database of over 520 million global business records and more than 2 billion updates each year, serves as an AI-driven tool that continually assesses and mitigates counterparty risk. D&B Risk Analytics incorporates top-tier risk data, providing alerts on high-risk transactions and identifying connections across a billion data points, all of which empower businesses to make well-informed choices. Additionally, the platform's intelligent workflows facilitate rapid and comprehensive screening processes, ensuring timely alerts on critical business metrics. As a result, companies can enhance their risk management strategies and improve their overall operational resilience.