Avetta has introduced major advancements to its Business Risk solution and its Sanctions and Adverse Media solution within its AI-powered Avetta One platform. The enhancements are designed to help users respond more effectively to today’s economic volatility by providing clearer, more actionable insights into supplier and contractor risk.
Avetta’s Business Risk solution provides users with a comprehensive view of supplier and contractor financial health, operational stability and compliance posture. It aggregates and analyzes data across these key risk indicators and provides risk scores for individual suppliers and contractors. The solution now reveals critical scoring trends to illustrate the direction a specific score is moving, along with contextual explanations that clarify what a score means and how it compares to industry benchmarks. This helps users better interpret changes and make faster, more informed decisions without needing to consult external documentation or analysis.
The Sanctions and Adverse Media solution helps users identify potential regulatory and reputational risks among their suppliers and contractors. It scans global databases, government lists and news sources to detect potential issues. Going beyond exact name matches, the solution now surfaces multiple relevant reports—including near matches, related entities and location-based data—giving users a more comprehensive view of potential risks. This expanded visibility helps ensure that critical issues are not overlooked, and that users can triage risks more effectively and prioritize follow-up actions with greater confidence.