Case Study: Sembcorp improves third-party risk management with Ethixbase360

Sembcorp - Customer Case Study

Sembcorp, a major energy and urban solutions provider, faced the challenge of managing counterparty risk as its network of third-party partners grew. To strengthen its Know Your Customer (KYC) processes, the company turned to the vendor Ethixbase360 for its core third-party risk management solution.

By implementing the Ethixbase360 solution, Sembcorp automated its due diligence tasks and gained greater visibility into its supply chain. The results included improved organizational efficiency and streamlined compliance reporting. Ethixbase360 provided clear and concise due diligence reports, which significantly reduced the time spent by Sembcorp on reviewing false alerts.

Sembcorp