System and method for global third party intermediary identification system with anti-bribery and anti-corruption risk assessment

An identification and assessment system that flags business entities that are current or future Third Party Intermediaries and provides compliance risk ratings In at least one embodiment, the system is configured for TPI identification to enable companies to optimize compliance efforts, for example,...

Full description

Saved in:
Bibliographic Details
Main Authors Kramskaia, Alla, Yan, Jingtao Jonathan, Basu, Nipa
Format Patent
LanguageEnglish
Published 12.07.2022
Subjects
CALCULATING
COMPUTER SYSTEMS BASED ON SPECIFIC COMPUTATIONAL MODELS
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC DIGITAL DATA PROCESSING
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
Online AccessGet full text

Cover

More Information
Summary:An identification and assessment system that flags business entities that are current or future Third Party Intermediaries and provides compliance risk ratings In at least one embodiment, the system is configured for TPI identification to enable companies to optimize compliance efforts, for example, effective anti-bribery and anti-corruption compliance. The system is configured to identify TPI likelihood and General Compliance Risk Rating to enable businesses to setup anti-bribery and anti-corruption (ABAC) strategies to focus on those high-risk TPIs, perform due diligence, and mitigate compliance risk.
Bibliography:Application Number: US201815874531