Moody’s: ‘Organisations face imperative’ to understand who they do business with
A study published by Moody’s suggests organisations face greater challenges to understand who they do business with amid rising risks and evolving regulations, based on interviews with senior risk and compliance professionals. Moody’s study found that Entity Verification – a data-driven process that helps verify and authenticate the credentials of each entity a firm onboards […]
70% of businesses ramping up investment in supplier risk detection
Moody’s Analytics research into third party risk management shows that the threat to reputations is a key driver of investment in supplier risk detection. Key findings include 69% of businesses say they do not have the necessary visibility over their supply chains to uncover risk in their organisational networks to avoid reputational harm. Meanwhile, 70% of […]