Anti-Bribery, Corruption (ABAC) & Ethics Assessment

Key Features

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  Supplier Pre-Screening

  Rapidly pre-screen vendors using a library of continuously updated risk scores based on inherent/residual risk, assessment results and real-time reputational monitoring.

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  Contract Lifecycle Management

  Centralize the onboarding, distribution, discussion, retention, and review of vendor contracts, and leverage workflow to automate the contract lifecycle, ensuring enforcement of ABAC measures.

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  Comprehensive Supplier Profile

  Tap into 550,000+ sources of vendor intelligence to build a comprehensive supplier profile that includes industry and business insights and maps 4th-party relationships.

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  Inherent Risk Scoring

  Use a simple assessment with clear scoring to track and quantify inherent risks and chart the right path for a complete ABAC assessment.

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  ABAC & Ethics Risk Assessment

  Leverage Prevalent's built-in Anti-Bribery and Ethics assessments to determine adherence to policies and identify potential areas of concern. Review and approve assessment responses to automatically register risks, or reject responses and request additional input.

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  Operational Updates

  Access qualitative insights from over 550,000 public and private sources of operational information, including M&A activity, business news, management and leadership changes, competitive news, new offerings, operational updates, and more.

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  Financial & Investment Monitoring

  Tap into financial information from a global network of millions of businesses across 160+ countries. Access 5 years of financial performance data, including turnover, profit and loss, shareholder funds, credit ratings, payment history, bankruptcies, investments, and more. Screen new vendors and monitor existing vendors for informed sourcing decisions.

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  Adverse Media Screening

  Avoid working with corrupt businesses and individuals by screening them against an extensive database of profiles linked to illicit activities. By consolidating intelligence from 30,000 global news sources, Prevalent enables fast and comprehensive screening to protect your company and its reputation.

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  Global Sanctions Monitoring

  Simultaneously screen against the world’s most important sanctions lists (including OFAC, EU, UN, BOE, FBI, BIS, etc.), over 1,000 global enforcement lists, and court filings (such as the FDA, US HHS, UK FSA, SEC and more) to proactively identify prohibited business relationships.

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  Politically Exposed Persons (PEP) Screening

  Screen against a global PEP database with access to over 1.8 million politically exposed person profiles, including families and associates, to instantly identify potential leadership risks.

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  Corruption Perception Index Scoring

  Corruption Perception Index (CPI) scores of company head office countries add more business context to vendor risk analysis by delivering insights into a vendor’s viability and ethics.

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  State-Owned Enterprise Screening

  Avoid conflicts of interest by checking companies against a proprietary list of government-owned and government-linked enterprises.

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  Central Risk Register

  Normalize, correlate and analyze assessment results and continuous monitoring intelligence for unified reporting and remediation.

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  Virtual Third-Party Risk Advisor

  Leverage a conversational AI trained on billions of events and more than 20 years of experience to deliver expert risk management insights in the context of industry guidelines such as NIST, ISO, SOC 2 and others.

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  Built-in Remediation Guidance

  Take actionable steps to reduce vendor risk with built-in remediation recommendations and guidance.

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  Document & Evidence Management

  Store and manage ABAC policy documents, evidence and more for dialog and attestation. Leverage built-in automated document analysis based on AWS natural language processing and machine learning analytics to confirm key criteria are addressed.

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  Relationship Mapping

  Identify relationships between your organization and third, fourth and Nth parties to discover dependencies risks in your extended vendor ecosystem.

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  Compliance Reporting

  Visualize and address compliance requirements by automatically mapping assessment results to ABAC requirements.

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  Risk Reporting

  Identify, alert and communicate exceptions to common behavior with built-in report templates.