Enhancing Risk Assessment with Better Context on Denied Parties and High-Risk Entities

We deployed a small release last Friday to help users get better context around the level of risk in doing business with a potential Denied Party or any other high risk person or company in our screening lists.

The driver for this is a simple question that we get asked: How can I tell if this is a ‘bad’ company. A fairly innocuous question, but one that is often not easy to answer.

Our screening agent allows a user to receive context on the returns, and include entity resolution as well, should a user need that as they develop an answer to their question regarding the risk of doing business with a potentially risky entity in their supply chain.

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Watch a video showcasing the update here: https://www.linkedin.com/posts/thariq-kara-83678a10a_we-deployed-a-small-release-last-friday-to-activity-7320080105744068609-UNiO/

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You can check it out for free at BITE Data — https://app.bitedata.io.

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Tags: SAM.gov Entity Exclusions; Colombian PEP Declarations; PEPs from Chile Interest and Asset Declarations; HHS - List of Excluded Individuals/Entities (LEIE); Known Exploited Vulnerabilities (KEV); OFAC / SDN - Office of Foreign Assets Control - Specially Designated Nationals; Swiss SECO Sanctions/Embargoes; Office of Financial Sanctions Implementation (OFSI); Early Detection and Exclusion System (EDES); Ineligible Firms and Individuals; Global Trade Alerts; FDA Import Alerts ​; Denied Party Screening; Restricted Party Screening; Import/Export Flags; Customs Flags And Classification