Vendor monitoring for risks that change after onboarding.

A third party can look acceptable at onboarding and change months later. Periodic monitoring helps identify material developments that deserve review.

What can be monitored

• Sanctions and designation changes
• Adverse media developments
• Ownership and control changes
• Regulatory enforcement
• Material reputational events
• Other agreed risk indicators

A proportionate model for SMEs

Monitoring does not need to mean an enterprise platform. A defined portfolio of higher-risk or more important vendors can be refreshed on an agreed schedule, with material changes escalated rather than every minor update reported.

How monitoring differs from a new assessment

Monitoring focuses on changes since the previous review. If a material issue is identified, the case can be escalated into a targeted or enhanced due diligence review.