Third-party risk management provider Supply Wisdom recently launched a new self-service SaaS-based model for organizations in need of real-time risk monitoring.
With Supply Wisdom’s real-time risk intelligence, organizations can monitor over 150 metrics across eight location risk subdomains, which include ratings and event alerts, within a matter of weeks, according to the company’s news release.
“Firms are starting to recognize that geographic concentration is a common risk indicator raised by DORA (Digital Operational Resilience Act) and many other recently introduced regulations, yet they lack adequate risk intelligence and the tooling needed to operationalize risk management. The days of hiring and training scores of staff to compile and aggregate data reporting manually are over,” said Tom Thimot, CEO of Supply Wisdom.
