Strategic partnership created to enable organizations to mitigate risks from third-party vendors with an integrated approach to manage the complexities of vendor risk.
MINNEAPOLIS, MN – February 20, 2019 – Argos Risk, an industry leader of ThirdParty Risk Intelligence (TPRI) solutions, today announced it has joined forces with SAI Global, a recognized leader of Integrated Risk Management (IRM) solutions, to provide organizations with a more efficient, integrated approach to Vendor Risk Management.
At the heart of the partnership are 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, allowing organizations to perform third-party vendor risk assessments more efficiently and effectively. Argos Risk will also be adding SAI Global’s Digital Risk to its affiliate network.
SAI Global’s Digital Risk solution, part of the company’s next generation IRM offering – SAI360, helps organizations keep risks aligned with enterprise risk appetites while remaining compliant with policies and regulations. By leveraging thousands of out-of-the-box controls and regulations and predefined automated workflow, organizations can manage and mitigate risks from the likes of cybersecurity threats, third-party vendors, as well as protecting their key data.
Argos Risk provides an affordable web-based subscription service that helps companies proactively manage third-party risk intelligence and business viability risks associated with their third-party relationships; including vendors, ACH/RDC originators, and direct and indirect lending clients.
“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,” commented Peter Granat, CEO at SAI Global. “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.”
“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,” said Lori Frank, Argos Risk President and CEO. “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.”
About Argos Risk
Argos Risk is a leading provider of Third-Party Risk Intelligence solutions. Formed in 2010, we are experts in Third-Party Risk Intelligence services to fulfill a need for timely and comprehensive risk mitigation knowledge. We provide 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 – direct and indirect and Supply Chain Management.
For additional information, visit www.argosrisk.com.
About SAI Global
SAI Global helps organizations proactively manage risk to create trust and achieve business excellence, growth, and sustainability. SAI Global’s integrated risk management solutions are a combination of leading capabilities, services, and advisory offerings that operate across the entire risk lifecycle allowing businesses to focus elsewhere. Together, these tools and knowledge enable clients to develop an integrated view of risk. Their global reach includes locations across Europe, the Middle East, Africa, the Americas, Asia, and the Pacific.
For more information, visit www.saiglobal.com.
Public Relations - Argos Risk, LLC
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Jacqueline Fleming Global Head of Brand Strategy & Corporate Communications SAI Global
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