IHS Markit adds crime to due diligence service
February 13, 2018

IHS Markit, a provider of critical information, analytics and solutions, today announced that KY3P, its vendor risk management service, added financial crimes screening to its comprehensive due diligence tools. 

HIS Markit says that with the enhanced service, KY3P users will be able to detect whether their vendors may have breached standards governing anti-bribery and corruption, anti-money laundering, sanctions and export controls. 

Financial crimes screening data are sourced through RDC GRID, the largest database of global risk intelligence from RDC.

"Integrating the authoritative financial crimes database from RDC gives our customers another important dimension for screening existing and prospective vendors," said Ellen Schubert, Chief Executive Officer of KY3P at IHS Markit. "Third parties are potential sources of compliance and reputational risk and financial institutions are applying maximum rigor to their due diligence processes in order to protect themselves."





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IHS Markit, a provider of critical information, analytics and solutions, today announced that KY3P, its vendor risk management service, added financial crimes screening to its comprehensive due diligence tools. 

HIS Markit says that with the enhanced service, KY3P users will be able to detect whether their vendors may have breached standards governing anti-bribery and corruption, anti-money laundering, sanctions and export controls. 

Financial crimes screening data are sourced through RDC GRID, the largest database of global risk intelligence from RDC.

"Integrating the authoritative financial crimes database from RDC gives our customers another important dimension for screening existing and prospective vendors," said Ellen Schubert, Chief Executive Officer of KY3P at IHS Markit. "Third parties are potential sources of compliance and reputational risk and financial institutions are applying maximum rigor to their due diligence processes in order to protect themselves."



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