Use Case

Understand vendors risk efficiently

Connect, evaluate and mitigate your vendors risks efficiently in one platform.

They trust us

Assess Better. Mitigate Risk

Learn how companies assess vendor risk with Chaindots to secure their supply chain.

Banking

Enhancing Third-Party Risk Management for Community Banks

The challenge

A Community bank engages with third parties to access new technologies, services, and markets. However, this reliance reduces direct operational control and introduces various risks, including operational, compliance, financial, and strategic risks.

Properly identifying, assessing, monitoring, and controlling these risks is crucial to ensure safe and compliant operations.

The solution

The Community bank implements Chaindots to automate risk management and vendor risk assessment.

With Chaindots, the bank can create tailored risk matrices and questionnaires to comprehensively assess vendor risks. The platform automates risk evaluation by measuring Security Information, Data Privacy, Compliance, among other risks. Additionally, it enables continuous monitoring of risk exposure with real-time alerts for any changes or potential issues, facilitating proactive risk management.

Our Platform

A solution to manage your supply chain security.

Establish your risk standards

Customize specific vendors forms and gain a holistic view of your vendors security based on your risk standards.

Onboard your vendors in one platform

Centralize all your supply chaind risk management in one place and connect with vendors through automated due diligence processes.

Launch massive Due Diligence

Send multiple due diligence assessments with just one click to efficiently evaluate your network.

Evaluate risk and make informed decisions

Assess all types of risks and share improvement suggestions with your vendors to improve risk posture.

Monitor your network’s risks

Supervise your network’s risks and promptly implement responsive actions to address fluctuations.

Why Chaindots®?

We’ve built a solution that prioritizes risk and business teams.

01 Agile

Transform tedious processes with our technology.

02 Custom

Set your own standards to govern your business relationships.

03 Collaborative

Boost communications and collaboration between your company’s teams and with other companies.

04 Holistic

Gain a comprehensive view of your client or third party.

Our clients' words

“It’s been more than a year since we work with Chaindots and honestly you helped us solve very important challenges for our company, Thanks!”

"With Chaindots, we've managed to move much faster in all our Compliance processes and also in a more comprehensive manner. They're always available to help us solve typical startup doubts, even beyond the Compliance scope."

"To mitigate risks is a service that many professionals can provide, but providing security is something very few can. Chaindots is one of them. The work of their team is not only commendable, but for the crypto industry (especially in Latam), it's unique."

"This partnership not only strengthens our cross-border transfer systems, but also reinforces our risk and compliance management, thus facilitating the expansion of our business and ensuring sustainable growth. We are convinced that this alliance will enable us to continue offering efficient solutions tailored to the regulatory requirements of our clients around the world."

"Partnering with Chaindots has been significant in our journey. Their expertise in compliance has not only laid a solid foundation for our expansion but has also enabled us to meet the rigorous requirements of our strategic partnerships. With Chaindots, we've streamlined our processes, enhancing operational efficiency."

"Chaindots has been fundamental to strengthening the integrity and compliance of our operations. The company has demonstrated exceptional commitment in creating and working together on two essential programs that have made a significant impact on our approach to risk management and legal compliance. We are confident that these programs position us as an entity committed to ethics, transparency and risk management."

'We chose Chaindots because CUX embodies a DNA of impact and innovation with deep values in ethics, safety, and continuous improvement for millions of people. We need companies that join us to consolidate this vision in the long term."

Explore other Use Cases

Learn more about how Chaindots can benefit you

Client Risk Assessment

Chaindots helps you understand your client risk effectively so you can grow your clients base, reach new industries and streamline your business processes safely and in compliance.

Ensure Regulatory Compliance and Grow Safely

Chaindots helps Startups & SMBs operate safely and in compliance so they can focus on business growth.

Document

Terms and Conditions

Products

Use Cases

Resources