Case Study: Skydio accelerates third-party risk management with Ethixbase360

Skydio cuts third-party risk management from 20 days to 72 hours with Ethixbase360

Skydio, the largest drone manufacturer in North America, faced a challenge with its manual and decentralized approach to third-party risk management. The company relied on a combination of complex assessments, one-time due diligence reports from T-Compliance, and external counsel. To overcome this inefficiency, Skydio partnered with vendor Ethixbase360 and migrated to its Third-Party Risk Management platform.

By implementing the Ethixbase360 solution, Skydio was able to dramatically accelerate its processes. The results were a significant measurable improvement, reducing the time required for third-party risk management from 20 days down to just 72 hours. This new platform provided Skydio with a more efficient and centralized system for evaluating risk.

Skydio