As institutions increase reliance on third parties and vendors to deliver business-critical processes and services, the complexity of oversight also increases. Meanwhile, third- and fourth-party relationships are under growing scrutiny by regulators, who are increasingly enforcing actions and issuing hefty financial penalties to organizations with failing controls. KY3P (Know Your Third Party) offers firms a comprehensive suite of solutions, informed by global regulations and best practices, and supported by a significant and growing community of industry-leading firms using the platform.
Partner Segment/Category: Third Party Risk Management
RapidRatings API Integration Type: Portfolio Health (FHRs)
RapidRatings Key Risk Indicators available: 2 KRI's Available
RapidRatings Reports accessible: FHR Report, Financial Dialogue
Markit KY3P: https://ihsmarkit.com/products/ky3p.html
For more information and pricing on RapidRatings API add-on, please contact your designated RapidRatings Account Representative