- March 31, 2017
- Fact Sheet
Anti-bribery and corruption (ABAC) enforcement has been a hot topic across North America and Europe and is increasingly in focus to varying degrees in other nations across the globe. According to the 2014 OECD Foreign Bribery Report, among the enforcement actions they surveyed, 75 percent of bribes were paid through third parties.
Hiperos 3PM ABAC Accelerator is a preconfigured compliance solution for anti-bribery and corruption that includes comprehensive, global risk data from C6 Intelligence, a leader in Adverse Media, anti-bribery and corruption, anti-money laundering and Fraud Intelligence. The Accelerator significantly reduces the time to deploy an ABAC compliance process to mitigate third-party risks and comply with regulations.
- Risk-based approach aligns with guidelines and regulations
- Reduce time, costs and resources necessary for ABAC compliance
- Assess all third parties; manage only those with bribery or corruption risks
- Minimize inconsistencies and manual errors
- Base decisions on due diligence data from leading data and due diligence providers
- Receive alerts when new risks are detected
- Respond quickly to audits with reports that demonstrate compliance