Protect your business from risk with AI tools
Protect your organisation with a scalable, comprehensive approach to third party risk management. As well as supporting your legal and regulatory compliance through sanctions and watchlist screening, Ripjar 3P60 can find those additional risks, including ESG, prudential and reputational risks, which can be just as harmful to your business.
Comprehensive approach to compliance
Maintaining regulatory compliance can be a time and resource-heavy task, which can sometimes feel like a blocker to doing business. By automating the process with advanced AI technology, your team can be empowered to make decisions faster, while ensuring no compliance issues are missed.
Stay sanctions compliant
With global sanctions constantly changing, avoiding doing business with sanctioned entities can be a high-risk challenge. But it doesn’t have to be. Simply choose the sanctions and watchlists you want to screen against, plus any other areas of risk you want to check for, then let Ripjar 3P60 do the hard work.
- Screen against your custom choice of lists
- Stay compliant with continuous monitoring
Beat false positives
Large numbers of false positive results can slow down the onboarding process, while costing you valuable time and money. Ripjar’s unique approach to name matching, combined with our industry-leading entity resolution, provides screening results you can trust, while reducing false positives by up to 91%.
- Improve accuracy with industry-leading name matching
- Slash false positives with Ripjar’s Digital Assistant and Dynamic Risk Profiles
We have been impressed by Ripjar’s approach to complex challenges in counterparty monitoring and beyond, and are delighted to welcome Ripjar to the Chartis RiskTech100.
Phil Mackenzie, Research Principal, Chartis
Get to know your value chain
How well do you know your suppliers and distributors? It’s vital to get a holistic view of the prudential risk associated with counterparties in your value chain, while overcoming the screening challenges created by complex ownership structures and vendor ecosystems, and incomplete data.
Supply chain risk management
It’s not only important to screen customers, but also your partners, vendors and beyond. Ripjar 3P60 can continuously monitor your entire supply chain and counterparties, including non-commercial organisations, streamlining onboarding processes and alerting you when things change.
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Screen your customers, partners, supply chain and more
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Capture more risk with native screening in 25+ languages
Dig deeper to find prudential risk
Assessing diverse risk factors to identify prudential risk to your organisation can be an expensive, complex, and heavily manual process. Ripjar 3P60 offers continuous monitoring, using advanced entity resolution and our AI-powered Digital Assistant to triage alerts and slash false positives and false negatives.
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Customise risk assessments with configurable risk scoring
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Reduce your workload with Ripjar’s Digital Assistant
Shell is reinforcing its risk management capabilities across the supply chain. Together, we are taking a time-consuming, manual process and applying state-of-the-art automation with more insights into data, to not only improve accuracy, but also give management complete audit capabilities and accountability over the entire screening process.
Adam Markson, Senior Managing Director & Lead for Risk and Compliance, Accenture
Identify and mitigate ethical risks
With growing pressure on businesses to demonstrate their commitment to ethical practices, your association with different third parties can inadvertently put this at risk. Ripjar 3P60 can identify the hidden risks in these relationships, which might otherwise go undetected and jeopardise your ethical position.
ESG compliance
In addition to sanctions regulations, global regulators are increasingly requiring businesses to look for ESG risks in their supply chains. Ripjar 3P60’s risk classifiers can be tuned to meet your needs, flagging anything from financial crime to forced labour and illicit mining of conflict minerals.
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Tailor your screening with a suite of risk classifiers
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Be alerted to changes with continuous monitoring
Ethical policies
Ensuring third parties are aligned with your ethical policies and procedures can lead to a time-consuming, resource-heavy annual certification process. Ripjar 3P60 fixes this inefficient process by configuring certifications for your needs, with our Digital Assistant on hand to constantly track and assure compliance.
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Eliminate inefficient certification processes
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Save time with Ripjar’s Digital Assistant
Protect your business against reputational risks
As well as improving screening processes and enabling you to remain sanctions compliant, Ripjar 3P60 can also help mitigate risks which can be much harder to detect. When it comes to protecting your reputation, Ripjar’s advanced AI technology can help find risks in even the most nuanced data, spotting them early and helping you take action sooner.
Find hidden risks in adverse media
One of the most effective ways to spot risks to your reputation is through the news. Ripjar 3P60 uses adverse media data to enhance your sanctions and watchlist screening, flagging links with organisations or individuals which may negatively affect your reputation or bring additional financial risk.
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Uncover hidden reputational risk in millions of articles screened daily
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Capture more global risk with native media screening in 25+ languages
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Spot potential scandals, illegal activity and risky relationships
A smoother process
Risk management doesn’t have to slow you down. AI-powered Ripjar 3P60 works at lightning speed to help you understand counterparty risk, identify threats, optimise your screening process, and enable you to do business with confidence.
Proactive risk monitoring
Stay on top of the ever-changing risk landscape with Ripjar’s continuous monitoring. From fast-moving sanctions updates to emerging threats against your business, Ripjar 3P60 flags new risks as they emerge, giving you peace of mind that you’ve always got the most up-to-date information.
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Avoid the need for resource-heavy periodic reviews
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Always have access to the latest risk information
Screening at scale
With Ripjar 3P60, there’s no need to only screen your highest risk customers and suppliers. Automated screening and monitoring, enhanced by our Digital Assistant, means you can now screen more names with no additional workload, and catch more risks hidden within your supply chain and customer base.
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Efficiently screen vast amounts of data with a scalable platform
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Reduce assessment time by 90% with AI Risk Profiles
Manage threats to your business
Large companies are at particular risk from external threats, and protecting your business from harm is a major task. Ripjar 3P60’s investigative capability helps you mitigate these risks and develop actionable intelligence to tackle a wide range of threat types.
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Quickly investigate threats by automatically building connections across multiple data sources
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Respond to threats in real time, with a clear view of risk and potential impacts
Supercharge your third party screening
Improve screening efficiency, increase ROI and capture more counterparty risk with Ripjar 3P60.
Tailored solutions for your third party risk needs
Whether you're focused on compliance, reputational risks, or comprehensive third-party risk management, Ripjar 3P60 has a solution to meet the unique requirements of your business.
Ready to
get started?
Get in touch now to book a personalised product demo and discover how Ripjar 3P60 can help protect you from third party risks.
