3rd Party Due Diligence Automation Software

319 InSight makes 3rd party compliance simple, flexible and fast through shorter due diligence cycle times, accurate data assembly and powerful reporting.

A low cost of ownership enables your compliance department to operate more efficiently and cost-effectively.  319 Insight's platform flexibility enables custom automation of key due diligence processes.  An example setup:

3rd Party Due Diligence Software

3rd Party Due Diligence Highlights:

  • One-to-Many Contributors:  The application can include contributions from one-to-many people with advanced routing and data rolling up into a single set of results.
  • One-to-Many Pages:  The application can have one-to-many pages with one-to-many question types, each consisting of one-to-many sections encompassing up to 14 different question types with advanced logic.
  • Targeted Data Collection per 3rd Party:  The application can employ conditional logic, allowing for a focused and unique set of information to be provided based on the different aspects of each 3rd Party.
  • Zero-to-Many Auditors:  Data contained within the deployed application instance can be set to require auditing by one-to-many people.
  • Multiple Collection Periods:  The application can allow for multiple deployments over time, collecting the same sets of information or different sets of information.  Same sets allows you to compare to see what has changed over time and different allows you to build up a greater knowledge base on your 3rd Parties over time.
  • External Data:  Data from external systems can be inserted into the application and used for analysis purposes.
  • File Watch:  The application provides the ability to watch a deployed file and send one to many reminders to a contact; and it can even escalate notifications if nothing is done in a expected time period.
  • Push-Button PDF Reporting:  The application allows an administrator to easily generate both mini reports and full reports, binding together the defined information and subsets of information with any attachments into a single powerful, easy to review PDF.
  • Communications:  All email communications that are sent from the system are archived and connected to the file, allowing for a focused view of all associated communications.
  • Dynamic Risk Analysis:  The application can be configured to look at sets of answers to determine point values.  The point values can add or subtract points from the total, building a total risk value for the file.  This is calculated real time and can help pinpoint risk areas even before the compliance questionnaire is complete.  Rules can be modified over time as risks change due to market changes, world dynamics and climate changes or as you better how to identify your risks.

3rd Party Compliance Software Workstation

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Client Feedback

Director of ComplianceQuotation Mark319 InSight has vastly improved the efficiency of our compliance department – it is the only platform I have found that can 100% match our compliance business processes across the globe. All other platforms that we implemented forced us to compromise, thus we removed them from our corporation.

- J.G., Chief Compliance Officer of a Fortune 500 Company

319 InSight Data Sheet

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