Risk and Compliance
When supplier risk goes unseen, exposure grows.
TYS screens suppliers when the request is made, checks their owners against sanctions and watchlists every day, and re-verifies key information when it changes at the source. Your team works from one record instead of a stack of separate tools.
Where Supplier Risk Gets Missed
A supplier can pass every check on the day it is approved and still become a problem later. Its ownership can change, and a watchlist can add a name between reviews. If your program reviews suppliers on a schedule, none of that shows up until the next review.
FOUR ENTRY POINTS
1. Checks Stop at Approval
A supplier is screened when onboarded, and a program based on periodic reviews doesn't look again until the next review, even if the supplier’s details have changed.
2. Risk Hides in the Ownership Chain
A supplier can look clean while its parent company or a beneficial owner sits on a sanctions list.
3. Risk Signals Sit in Separate Tools
Sanctions, ESG, cyber and financial data arrive from different places, so no one sees them against the same supplier.
4. A Flag Has No Next Step
A risk rating labels a supplier as risky without indicating whether it matters for what you buy from them, so no one is sure who should act, or how urgently.
How TYS Closes Each Gap
TYS runs risk checks on the supplier record from the first request and keeps running them after approval.
Screened at the Request, Re-verified After
Risk checks run inside the onboarding workflow before a supplier is approved, and TYS re-verifies key company information automatically when it changes at the source.
Owners Screened Every Day
TYS screens each supplier’s ownership structure against sanctions and watchlists daily, and a potential match opens an approval request for your team to review.
Every Signal in One Record
Sanctions, ESG, cyber and financial signals from third-party risk providers appear together in the supplier’s record, so your team reads them side by side.
Every Flag Has an Owner and a Next Step
The TYS Risk Agent reads a supplier’s risk against your spend and your relationship with the supplier, then recommends actions your team can turn into risk logs with owners and due dates.
See the TYS Risk AgentKEY BENEFITS
Risk Caught Before It Becomes Exposure
Every Match Gets Reviewed
A sanctions or watchlist review stays open until each event and potential match has been reviewed and each identity resolved.
Reviewers See the Evidence
Each potential match shows the name, event, risk priority and alert confidence, so your team decides from the details behind each flag.
The Right People Hear First
Approval and monitoring notifications go to the people watching that approval and supplier, and to category-based roles, so the right teams see the same flag.
Audit Ready by Default
Approvals and changes are recorded in a timestamped, tamper-proof ledger, so you can show an auditor what happened and when.
Go Deeper on Risk and Compliance
WATCH THE TYS RISK AGENT
Watch how the TYS Risk Agent reads a supplier’s risk against your spend and relationship, then turns its recommendations into risk logs.
Find out where risk gets missed.
Walk through your current supplier risk process with us and see where your checks stop and where risk slips through.