8th February 2016 Church News.
Markit has signed up new clients to its Know Your Third Party (KY3P) platform, including BlueBay Asset Management, Luxoft and Loomis, Sayles & Company. The KY3P offering enables organisations to simplify and standardise third party risk management processes with a focus on vendor due diligence and ongoing monitoring. Through the centralised data hub, banks, buy-side firms and third parties can remove duplicative processes, oversee due diligence information and effectively manage and respond to industry events such as cybersecurity threats.
