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Deloitte Releases Corporate Risk Management Tool; Wendy Schmidt Comments

Deloitte Releases Corporate Risk Management Tool; Wendy Schmidt Comments - top government contractors - best government contracting event
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deloitteDeloitte has introduced an online tool that seeks to help organizations manage third-party due diligence and mitigate reputational or compliance risk.

The Diligence platform is designed to help companies screen outside business partners through background checks, adverse media reviews and public record searches, Deloitte said Monday.

“Knowing whether a potential third-party is operating in compliance with applicable laws and regulations can be critical to the success of your business,” said Wendy Schmidt, Deloitte Financial Advisory Services LLP principal and global leader of the business intelligence services group.

According to Deloitte, due diligence findings can assist enterprises in preparing an internal risk management strategy.

The platform is based on analytics technology Deloitte built to aggregate data, identify trends and monitor potential trouble spots.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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