Exiger
概述
总部
美国
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成立年份
2013
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公司类型
私营公司
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收入
$100m-1b
|
员工人数
201 - 1,000
|
网站
|
推特句柄
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公司介绍
Exiger is revolutionizing the way corporations, government agencies and banks navigate risk and compliance in their third-parties, supply chains and customers through its software and tech-enabled solutions.
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实例探究.
Case Study
Effective Sanctions Screening Process: A Case Study on Exiger's Solution
Sanctions are economic pressures used by governments and international bodies to protect security interests and international law against aggressive actions or threats to international peace and security. They can be imposed for various reasons, including anti-money laundering, financial crimes, human rights violations, terrorism, invasion, and proliferation of weapons of mass destruction. Sanctions can significantly impact businesses, especially those that rely heavily on international trade. They can disrupt supply chains and make it difficult or impossible to do business with certain countries. With geopolitical risk growing in many parts of the world, sanctions are becoming increasingly common. Businesses are responsible for sanctions screening and ensuring their compliance, and choosing not to do so can be costly. For example, BNP Paribas, France’s largest bank, was fined $9 billion for violating US sanctions against Iran, Sudan, and Cuba. Complying with sanctions lists is essential because it helps ensure that businesses and legal entities are not inadvertently doing business with entities or individuals sanctioned by the government.
Case Study
KYC Due Diligence for Top 20 Global Financial Institution: A Case Study
A top 20 global financial institution faced a significant challenge due to a change in their customer risk rating model. The new model led to an increase in the volume of high-risk files that needed to be reviewed, which the bank was unable to manage effectively. This resulted in significant quality challenges. Furthermore, regulatory guidance mandated risk-based reviews on a periodic basis. This compelled the bank to perform Know Your Customer (KYC) due diligence on a significantly larger portion of high-risk customers. However, the bank was unable to devote sufficient resources to meet the periodic review deadlines, further exacerbating the situation.
Case Study
Automated Due Diligence for a Multinational Hospitality Group
A large multinational hospitality company was facing a significant challenge with their high-volume due diligence needs. The company was incurring high costs due to the volume of third parties they needed to review. The quality of the reports from their incumbent provider was also under scrutiny, adding to their concerns. The company was seeking a comprehensive review of their risk exposure across global vendors and suppliers. To address these issues, they decided to engage a new third-party management partner.
Case Study
Mitigating Vendor Cyber Risk: A Case Study on Microsoft Exchange Server Zero Day Vulnerability
In late September 2022, the IT Security community and Microsoft confirmed the investigation of a significant set of vulnerabilities, including two zero days, affecting Microsoft Exchange Server (2013, 2016, and 2019). These zero-day exploits are serious as they are computer-software vulnerabilities previously unknown to those who should be interested in its mitigation, like the vendor of the target software. Until the vulnerability is mitigated, hackers can exploit remotely nearly any programs, data, additional computers, or a network operating on the impacted system(s). The cybersecurity of supply chains has become a key risk area, with vulnerabilities like those seen with Microsoft Exchange Server and recent breaches such as SolarWinds and Accellion demonstrating how software can become a Trojan horse, turning protective products into ecosystem-wide threats. Over the last three years, Exiger’s clients have seen over 30 severe vulnerabilities targeted by hackers, often linked with powerful nation-state actors.
Case Study
Global Investment Bank Diversifies Its Banking Capabilities with IoT
A prominent investment bank was facing a significant challenge. Despite its success in the investment banking sector, it had limited experience in offering commercial banking products and services. The bank needed to acquire comprehensive knowledge about the risk exposure and industry expectations for a control environment that offering new commercial banking products in the market would entail. The bank was aware that the introduction of new products could potentially expose it to unforeseen risks and regulatory scrutiny. Therefore, it was crucial for the bank to understand the potential risks and industry expectations before launching new commercial banking products.
Case Study
Revamping Transaction Monitoring for a Top 10 US Regional Bank
The client, a top 10 regional bank in the US, was facing a significant challenge with their transaction monitoring system. They had previously engaged another consultancy firm to review their transaction alerts, but the results were unsatisfactory. The review resulted in zero Suspicious Activity Reports (SARs) being filed, which led to a regulatory review that forced the bank to revisit the alerts. The bank was not satisfied with the quality of work provided by the previous consultancy firm, which led to a lack of confidence in their transaction monitoring framework. The situation necessitated a thorough and reliable review of the alerts to ensure compliance and avoid potential regulatory issues.
Case Study
Expedited Client KYC Refresh for Global FinTech
A global FinTech company was facing regulatory scrutiny due to insufficient Know Your Customer (KYC) files. The company was required to remediate all customer files that required Enhanced Due Diligence within a short timeframe to continue transacting with a specific set of clients. The challenge was to accelerate the file review process to meet the increased file requirements within the stipulated deadlines. The company needed both subject matter experts and technology solutions to address this issue. Additionally, the company's existing sanctions and negative news screening solution was found to be providing incomplete coverage, further complicating the situation.
Case Study
IoT Implementation in Risk Management: A Fortune 500 Multinational Corporation Case Study
The Fortune 500 multinational corporation was facing a significant challenge with their existing risk management solution. The one-size-fits-all approach was proving to be costly and time-consuming, with the team spending an excessive amount of time reviewing reports. The quality of these reports was also poor, leading to a lack of confidence in the decisions being made. The company was seeking a comprehensive review of their risk exposure across global vendors and suppliers, and thus decided to engage a new third party management partner. The goal was to find a solution that could provide high-quality, reliable results while reducing costs and time spent on due diligence.
Case Study
Efficiency Improvement in Customer Identification Process through DDIQ
The case study revolves around a company that was struggling with the automation of the Customer Identification Program (CIP) and Diligence processes across their global account population. The company was handling approximately 1,000,000 searches annually, which was a significant volume to manage manually. Prior to the implementation of DDIQ, the business was conducting manual searches via World-Check and Lexis Nexis. This traditional approach was not only time-consuming but also prone to errors, leading to inefficiencies in the overall process. The challenge was to find a solution that could automate the process, reduce the volume of relevant files to be reviewed, and save working hours, thereby increasing cost savings.
Case Study
Global Mobile Payment Services Company Streamlines AML Compliance with IoT
The parent company of multiple in-country mobile payment services providers was facing a significant challenge. They needed to align the local market regulatory expectations and in-country operations with global Anti-Money Laundering (AML) program standards and operating requirements. This was a complex task due to the varying regulations and standards in different countries. The company needed a solution that would not only ensure compliance with these diverse regulations but also streamline their operations to maintain efficiency and effectiveness.
Case Study
Real-Time Analysis of Semiconductor Supply Impact Saves Thousands of Research Hours
On June 9th, 2021, a fire and subsequent explosion occurred at a silicone packaging workshop in China’s Xinjiang Uygur autonomous region. The facility was part of a Hoshine Silicon manufacturing plant, a significant producer of various lines of metal, powder, and organic silicone and polysilicon products. Hoshine Silicon has been a part of significant market consolidation among polysilicon manufacturers in China and was a critical supplier to many of the top semiconductor and solar panel companies globally. The explosion was widely reported, and there was serious concern that the disruption of polysilicon in the semiconductor sector, which was already subject to substantial supply shortages, could be significant.