Opus Launches Compliance Solution for Third-Party Risk Assessment

Hiperos 3PM Banking Accelerator is a preconfigured solution aimed at banks to assess and manage the risk of third parties.

Taking a risk with dice

According to Opus, the Hiperos 3PM Banking Accelerator platform increases the speed, ease and accuracy of risk-assessing third-party relationships.

The product provides nine pre-contract assessments, ten post-contract assessments, and four additional due diligence questionnaires to effectively manage the risks associated with each third party.

It also facilitates risk mitigation with automated risk-based controls. Multiple, configurable reports are available, and an audit trail is accessible to all stakeholders and regulators.

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