Leverage continuous third-party vendor monitoring
Integrating RapidRatings data into Onspring provides predictive visibility into the financial risks associated with both public and privately-held third-party and even fourth-party suppliers, vendors and partners. Through its proprietary analytics model, RapidRatings measures the financial health of public and private companies and delivers a 0-100 score known as its Financial Health Rating (FHR®).
This real-time insight paired with detailed reports and responsive workflows in Onspring elevates your third-party vendor management to help you make business decisions more confidently.
UPDATE Tracking regulatory risk in the financial services industry
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Comprehensive, real-time third-party vendor monitoring data embedded into your Onspring instance
Trigger automatic vendor assessments when financial scores drop below your designated threshold
Streamline the record creation and remediation of third-party financial issues as they surface in evaluations
Auto-assign tasks to vendor managers when financial data requires follow-up information
Enhance risk scores with RapidRatings continuous monitoring data feeds
Third-party vendor monitoring is easier with Onspring
Continuous third-party financial risk monitoring in Onspring
Ascent is a regulatory knowledge platform that streamlines the most tedious and error-prone parts of the regulatory change process. By combining artificial intelligence (AI) technology with human expertise, Ascent helps regulated financial industries—specifically financial services firms—effectively manage regulatory change and reduce reputational risk at a fraction of the time and cost.