Third-party risk Management

Make confident decisions about the suppliers, vendors, and partners you work with. Take a data-driven, risk-based approach to third-party risk management (TPRM) to onboard and monitor your counterparty network more effectively. 



What’s different about Moody’s solutions for third party risk management?

Moody’s brings together deep entity intelligence, risk signals and analytical context in a way that reflects how third party risk is assessed across financial, compliance and operational dimensions.

 

Rather than treating third party risk as a standalone workflow, Moody’s capability is built around shared entity resolution and consistent data foundations that can be applied across sanctions, adverse media, ownership, sustainability, cyber and financial risks.


Compliance TPRM





SMARTER THIRD-PARTY RISK MANAGEMENT

Maximize insight into third-party risk 

Moody's unified risk platform can help you assess key risks across your third-party network, including customers, suppliers, and even your suppliers’ suppliers.

From financial health and cyber risk to beneficial ownership and shell company indicators, gain a clearer view of who you’re doing business with. Unify your third party risk management (TPRM) program and make confident, data-driven decisions across your organization.




Tailored third-party risk management solutions

Develop an approach to third-party risk management that’s flexible and tailored to your organization’s needs.

  • Digitally transform risk policies for third-party onboarding and risk monitoring.
  • Unify due diligence activity with a workflow of checks.
  • Integrate Moody’s global datasets to assess and verify third parties across the world.

Maxsight™

Digitally transform risk policies, create a workflow of checks, and collaborate on cases

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Orbis

Access powerful comparable data on private companies with information on 625M+ entities worldwide

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Grid

Curate risk-relevant data into profiles for individuals or entities, from a database with PEPs, sanctions, adverse media news

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Entity verification API

Access global entity data and risk insights from 625M+ companies across 200+ countries and jurisdictions 

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Third party risk management as a continuous program

Third‑party risk management can sometimes be described as a set of individual tasks. From a programmatic perspective, it can be viewed as a continuous lifecycle. 

01 Design: establishing the risk framework

Design: establishing the risk framework

TPRM programs are often built around having a single, consistent way to identify third parties, a common set of risk categories, and clear definitions of what different types of risk mean.

At this stage, organizations might describe information about a third party, who owns or controls them, where they operate, and what external risk signals apply to create a shared understanding of risk across suppliers, vendors, and partners.

02 Implementation: operationalizing risk decisions

Implementation: operationalizing risk decisions

Implementation may be reflected in repeatable workflows that connect onboarding, due diligence, and ongoing monitoring activities.
 

These workflows can translate policy intent into day-to-day execution by automating risk checks, documentation, and escalation pathways into processes, so multiple teams can work from a shared view of third party risk without keeping responsibility to a single function.

03 Design: establishing the risk framework

Evolution: maintaining coverage and relevance

As third party ecosystems expand and risk exposure changes, TPRM programs are commonly revisited to assess coverage, consistency, and visibility.


Program evolution might look at how risk information remains current, comparable across regions, and aligned with internal priorities and external expectations.

Viewed as a lifecycle, TPRM becomes an ongoing organizational capability linking design, execution, and review through shared data, integrated risk perspectives, and coordinated workflows. Get in touch to talk about how we can support your continuous TPRM program. 


5 key TPRM considerations

Modeling third-party risk management

A model that helps unify people, processes, and technology can create greater visibility over where risks lie in a third-party network.

Here are 5 factors to think about in relation to third-party risk management across your network.






Chartis Financial Crime and Compliance50
Most Innovative Sanctions and PEPs Data Solution
Category winner for perpetual KYC
Category winner for shell company detection
RiskTech100 2024
Leader for Financial Crime Data
Category leader for KYC data solutions
Category leader for KYC solutions
Category leader for CLM solutions for wealth management
Category Leader for FRAML Solutions
Best AI-based solution for fraud prevention
Featured on the AIFinTech100 list
Risk Technology Awards 2023: Anti-Fraud Product of the Year

Third-party risk management

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BIS 50% Rule – what is it and what has changed?

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On February 27, 2025, Chartis Research published its second Financial Crime and Compliance (FCC50) ranking and report. The FCC50 report evaluated nearly 300 vendors across core financial crime disciplines and identified 50 leaders in financial crime and compliance.

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FATF Recommendation 16: four possible implications and data considerations on the revision

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KYB and why it’s important for corporate onboarding

Know Your Business or KYB due diligence is essential when onboarding and monitoring corporate customers and suppliers as part of compliance and risk management. 

  • Compliance & TPRM
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The complexities of a shell company operation

Shell companies with no significant assets or business operations can be used for both legitimate and illegitimate purposes. Although shell companies are not illegal, financial criminals typically make use of them to disguise ultimate beneficial ownership.

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PEPs screening using integrated risk assessment

Politically Exposed Persons or PEPs can be tied to various areas of financial risk—such as fraud, corruption, money laundering—making it important to understand if someone is a PEP before they are onboarded to your customer or supplier network.

  • Compliance & TPRM
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Media interview: The impact of money laundering for the wider economy

Choon Hong Chua, Head of Financial Crime Practice Group for APAC and the Middle East, was recently interviewed by Singapore radio station MONEY FM 89.3. In this interview, he unpacks the wider impact of the recent money laundering case making headlines in Singapore.

  • Compliance & TPRM
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Moody’s research reveals low public understanding of Politically Exposed Persons (PEPs)

New research released by Moody's has highlighted low awareness around the world about Politically Exposed Persons (PEPs) and the risks they can be connected to.

  • Compliance & TPRM


GET IN TOUCH

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Please get in touch to discuss your approach to third-party risk management or supplier due diligence – we would love to talk to you.