Remediation
Request, track, and manage client and third-party remediation processes in one place.
Enable seamless remediation processes with clients and third parties for stronger, and trustful connections.
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Core Features of Chaindots Remediation Solution
Review Client/ Vendor Responses
Request Remediation
Identify inconsistencies in responses and request clarifications, additional information, or updated documents from third parties to strengthen your risk analysis.
Track Remediation History
Keep a clear record of all communications with third parties to resolve inconsistencies and ensure a comprehensive risk assessment process.
Update Risk Scores
Incorporate insights from remediation efforts to refine and adjust third-party risk scores.
Add Observations
Document key notes and insights from your analysis before completing the assessment.
Monitor Risk Analysis History
Maintain a detailed record of risk reports, including remediations, risk score updates, and analysis history, ensuring a clear audit trail.
What Makes Chaindots’ Remediation Solution Different?
With Chaindots’ Remediation Solution, strengthen your risk management by ensuring clients and third parties effectively address and resolve deficiencies.
Streamlined Risk Management
Centralize all remediation processes and communications with clients and third parties in one platform, making oversight and collaboration more efficient.
Automated Remediation Actions
Easily request and track remediation efforts to address risks quickly and at scale.
Proactive Compliance Monitoring
Detect inconsistencies, non-compliance with risk criteria, and due diligence gaps, allowing businesses to resolve potential issues before they escalate.
Enhanced Risk Insights
Dynamically update risk reports based on remediation results, ensuring accurate, real-time assessments for better decision-making.
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