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Regulation news

Opus launches new anti-bribery compliance solution


05 February 2018 New York
Reporter: Jenna Lomax

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Image: Shutterstock
Opus has launched a new solution, which aims to simplify and speed up the ability to comply with anti-corruption regulations.

The end-to-end solution combines Hiperos 3PM automated workflow and advanced screening with C6 global risk intelligence to manage anti-bribery and anti-corruption (ABAC) risks in one place.

The Hiperos 3PM solution has pre-configured, automated workflow and screening capabilities that now also include global risk data from C6 intelligence.

According to Opus, the combination of Opus’s workflow and C6’s risk intelligence data allows organisations to streamline and drive consistency in their compliance processes.

It’s capabilities include pre-built questionnaires for segmenting third parties, risk screening against C6 global data that minimises false positives and an interface to review due diligence findings.

The solution also offers ongoing monitoring that alerts users to material changes in the profile of a third party.

Emanuele Conti, CEO of Opus, said: “By combining our purpose-built compliance solutions with global risk intelligence, we can now offer turnkey solutions that meet the compliance needs of enterprises around the world.”

Joel Lange, managing director of C6, said: “We are thrilled to partner with Opus to help clients meet regulatory guidance and use proven best practices to move beyond a traditional, due diligence-led approach. This partnership signifies our path toward a more sophisticated model that significantly increases efficiency and enhances protection from risk for our clients.”

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