ProcessUnity and NominoData Partner to Enrich Vendor Due Diligence with Live News and Information

ProcessUnity News Update

CONCORD, MASS. – MAY 2, 2017 – ProcessUnity, a leading provider of cloud-based solutions for risk management, and NominoData LLC, a leading data solutions company, today announced a content partnership that enhances the vendor due diligence process for third-party risk. The partnership allows customers to access NominoData’s OneClickCOMPLIANCE research results within ProcessUnity’s Vendor Cloud application.

NominoData empowers analysts, investigators and financial institutions through real time intelligence data that allows for more-informed business decisions regarding third-party vendors. The integration with ProcessUnity makes the following NominoData content available within a customer’s existing ProcessUnity Vendor Cloud:

–        Negative News

–        Global Sanctions/Watch-lists

–        Politically Exposed Persons (PEPs) global information and their associates

–        Exchange enforcement

–        Panama Papers and Wikileaks

–        Corporate listing and corporate beneficial position information

–        Gaming commerce

–        Plus automated investigation management and audit trail

 

“Whether it’s a first-time evaluation of a vendor or ongoing monitoring of a relationship over time, it is essential to include real-time intelligence data in the comprehensive due diligence of a vendor,” said Todd Boehler, Vice President of Product Strategy at ProcessUnity. “Integrating NominoData’s information directly into ProcessUnity’s platform further enhances our customers’ understanding of the potential risk of doing business with a company.”

“Today’s business decision makers have an imperative need for constant and updated information pertaining to persons and entities with whom they do business,” said Al Macdonald, CEO and Founder of NominoData. “By including this information in ProcessUnity’s third-party risk solution, our joint customers will be better informed, have greater visibility into their own third parties and be more equipped to manage their risk.”

For more information on Vendor Cloud and third-party risk management visit www.processunity.com.

For more information on OneClickCOMPLIANCE due diligence research tool, visit www.nominodata.com.

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About NominoData

NominoData is a solutions company formed to help clients with worldwide identity, compliance, and risk management issues associated with modern day commerce. Our team leverages their expertise into innovative and productivity-boosting solutions that revolutionize their field. NominoData suite of data is focused on risk management, fraud detection and prevention, anti-money laundering, enhanced searching and data aggregation, name matching and variants. Specific data files include Negative News, Sanctions/Watch-lists, PEPS, Beneficial ownership, Panama Papers/Wikileaks and HIDTA/HIFCA All with automated audit and case management.

About ProcessUnity

ProcessUnity is a leading provider of cloud-based applications for risk management and service delivery management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes. For public companies and regulated industries, ProcessUnity Risk Suite delivers effective governance and control, vendor risk mitigation, and regulatory compliance. For benefit plan administrators and other financial service firms, ProcessUnity Offer Management controls complex product offerings and strengthens client service experience. ProcessUnity is used by the world’s leading financial service firms and commercial enterprises. For more information, visit www.processunity.com.