Argo Risk Partners SAI Global to Offer Integrated VRM

By siliconindia   |   Thursday, 21 February 2019, 05:43 Hrs
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Argos Risk Partners with SAI Global for Strategic Plans

Argos Risk, one of the leading industry leaders of Third-Party Risk Intelligence (TPRI) solutions joined hands with SAI Global, a known figure in Integrated Risk Management (IRM) solutions with an aim to provide organizations with a more efficient, integrated approach to Vendor Risk Management.

Peter Granat, CEO, SAI Global, says, “With the growth of outsourced technology services and the rising volume of third parties, organizations need to take control of their third-party exposure and implement safeguards and processes to reduce their vulnerability and protect brand resilience. Our latest partnership with Argos Risk allows us to strengthen our vendor risk management services and solutions and by doing so help our customers effectively manage regulatory and reputational risk, drive compliance, and boost efficiency”.

The main agenda of the partnership is the integration of Argos Risk’s third-party risk intelligence capabilities – financial risk, credit risk, and financial viability into SAI Global’s Digital Risk solution. This allows the organizations to perform third-party vendor risk assessments more efficiently and effectively. Argos Risk also provides an affordable web-based subscriptions service that helps companies proactively manage third-party risk intelligence and business viability risks associated with their third-party relationships.

Commenting on the partnership, Lori Frank, President & CEO, Argos, says, “We are delighted to be part of SAI Global’s journey in shaping how organization decision-makers use cost-effective automation and analytics in their compliance, due diligence, and credit management teams. In addition, this strategic partnership enables risk and compliance teams globally to meet consumer needs and regulatory requirements in an ever-changing fast-moving digital economy”.

Headquartered at 2003, SAI Global supports organizations proactively manage risk to create trust and achieve business excellence, growth, and sustainability. It’s integrated risk management solutions are a combination of leading capabilities, services and advisory offerings. SAI Global is spread over locations across Europe, the Middle East, Africa, the Americas, Asia and the Pacific.

Founded in 2010, Argos are experts in Third-Party Risk Intelligence services to fulfil a need for timely and comprehensive risk mitigation knowledge. It also provides innovative and affordable subscription services that help companies manage the risk associated with their third-party relationships such as Vendor Management, ACH/RDC originators and lending clients.

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