Due Diligence
There are many reasons for investigating and evaluating an entity and their assets. Whether it’s a reasonable effort to prevent undue risks or a regulatory compliance requirement such as Know-Your-Customer (KYC), there should be clear outcomes and actions. Then why is the general consensus that it feels like a checkbox with limited to no value?
Third-Party Risk Management
With Prae, you can finally lookup the employees of your supply chain and see both their exposure and risks. No need to request personal information as the process is opaque to the supplier. With Prae, you can even pre-screen before onboarding a supplier or contractor.
Mergers & Acquisitions
With Prae, you can quickly lookup the executives and employees of the acquired company to see their exposure and risks. Identify potential landmines and avoid reputational damage and/or a poor fit of people and culture. With Prae, you can get a head start on monitoring risky employees.
Know-Your-Customer
With Prae, you can quickly verify the identity of a customer. Confirm their digital identity matches the information you’re required to collect under the USA Patriot Act. See their exposure and risks. If and only there is risk, with Prae, you get both enhanced due diligence and continuous monitoring.
Supply Chain Concerns
Suppliers often lack requirements to both meet and follow your security standards and practices. As a result, they are one of your weakest links and a potential access vector. This is further exacerbated with international suppliers.
M&A Vetting Concerns
Non-compliance with regulations, loss of shareholders interest and/or valuations, brand reputation, and both people and cultural integration are cited as the top concerns amongst organizations across North America, EMEA, and APAC.
KYC Concerns
Non-compliance with regulations, financial loss thru criminal activities, and brand reputation are cited as the top concerns amongst financial institutions.
Customizable Dashboard & API
Understand the human risks to your supply chain, M&As, and divestitures. Get notification alerts when customer applicants are fake personas. We provide customizable dashboards or APIs to integrate into your internal visualization tools. Contact us to learn more about how our solutions can enrich your due diligence processes.