Third-Party Risk Management in Art & Jewellery

TPRM in Art & Jewellery
TPRM in Art & Jewellery

Third-Party Risk Management in Art & Jewellery

Protect Your Brand: Discover Hidden Risks in Your Supply Chain

Are you confident in your suppliers? In the intricate world of art and jewellery, hidden risks can lurk behind the most reputable names, potentially jeopardising your brand’s reputation and financial stability.

Our latest case study reveals how a leading art gallery and jewellery brand partnered with Neotas to conduct due diligence on an international supplier—armed with nothing more than a company name and contact number.

The results? Eye-opening revelations that could have had serious consequences if left undiscovered. Neotas’ OSINT-driven investigation uncovered crucial risks that traditional due diligence might have missed. This allowed the client to avoid partnering with a supplier that could have severely impacted their brand and led to potential legal issues.

This case study is an essential read for professionals committed to protecting their brand’s integrity and securing business against hidden risks.

Download Case Study


 

How can Neotas TPRM solutions help?

Neotas offers an innovative solution to businesses grappling with Third-Party Risk Management (TPRM). In an era of increasing outsourcing, TPRM has become pivotal, and Neotas recognises this need. Through our enhanced due diligence platform, businesses can efficiently track and evaluate vendors and contractors, ensuring adherence to security protocols in a cost-effective manner.

The Neotas platform automates the vendor onboarding process, streamlining the addition of new vendors with remarkable ease and speed.

Moreover, Neotas provides a customisable dashboard, enabling businesses to proactively identify and address emerging risks. By consolidating vital vendor information, Neotas facilitates the seamless integration of risk management into existing Customer Relationship Management (CRM) and Supply Chain Management (SCM) systems, ultimately helping businesses maximise profits while minimising risk exposure. 

Request a Demo

If you’re curious about whether our third-party risk management solutions and services align with your organisation, don’t hesitate to schedule a call. We’re here to help you make informed decisions tailored to your needs. 

Ensure your business decisions are informed and risk-free with Neotas.

Third Party Risk Management (TPRM) Solutions:

Third Party Risk Management (TPRM) Case Studies:

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Neotas Enhanced Due Diligence

The Neotas Platform is a world first. It enables the user to interrogate all available sources from traditional databases to the entire internet (not just the 4-6% of it by Google). The Platform intelligently uses its own investigative techniques, responds to information found and contextualises it for the user.

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Mitigate Business Risk with Neotas Platform

We leverage Open source intelligence (OSINT) to use publicly available data to provide organisations with hyper-accurate and fully auditable insights with no false positives.

Improve Efficiencies

Improve analyst efficiencies, including cost and time reduction of minimum 25% with zero false positives.

Reduce Blindspots

The FCA recommends open source Internet checks as best practice (FG 18/5). Manage and reduce risk by incorporating 100% of online sources into your processes.

Ongoing Monitoring

Manage risk with hyper accurate ongoing monitoring. We will monitor 100% of publicly available online data to help identify relevant risks.

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