Ensure your third parties align to your information security data, privacy, and network security requirements
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Learn how Aravo can Manage Risk Across Your Extended Enterprise
Credit risk – The risk to an organization’s financial condition and resilience arising from an obligor’s failure to meet the terms of any contract with the organization or failure to perform as agreed. Credit risk is a particularly important consideration when third parties are engaging in some form of financial services activity for an organization, i.e. originating loans or financing or engaging in some forms of customer services activities, account management, or collections activities.
Better business is built on acting with integrity. It commands better performance, delivering better efficiency, collaboration, and financial outcomes. It inspires trust. But better business is more than that – it’s about lifting the ethical standard of an entire business ecosystem to build a better world.
