Press Releases
New solution streamlines entity due diligence process
NEW YORK, Sept. 12, 2023 /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of Entity Insights, a new solution to improve efficiency, reduce risk and increase data transparency in the entity due diligence process by automating the manual processes for gathering, analyzing and monitoring entity data.
The single-source solution includes S&P Global Market Intelligence data for 27 million global entities, spanning multiple industries including energy, financial services and automotive. The solution generates real-time entity due diligence profiles on clients, suppliers and other third parties for Know Your Customer (KYC) and Third Party Risk Management (TPRM) & Vendor Management. It also offers ongoing monitoring, enabling users to proactively identify entity changes in real-time.
"The traditional process for collecting and analyzing entity due diligence data is time intensive and manual," said John Barneson, Head of Network and Regulatory Solutions, S&P Global Market Intelligence. "Entity Insights enables users to efficiently meet their entity due diligence obligations for clients, vendors and other third parties by streamlining data collection and analysis while minimizing risk via increased data transparency."
Entity Insights is available within existing S&P Global Market Intelligence solutions including Onboarding Accelerator, Know Your Third Party (KY3P®) and KYC Services. It is also available via API.
To learn more please visit the website here. S&P Global Market Intelligence will be hosting a webcast 'Get to know your entity data: The importance of entity data and impact it has on your due diligence process' September 21st. For more information, please click here.
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SOURCE S&P Global Market Intelligence