Know when a vendor may not be there tomorrow
VendRisk360 watches bankruptcy filings, insolvency registers and legal entity events for each vendor, its parent and its group, flags the vendor beside its security rating, and takes your team through a review, so continuity planning starts before the service stops.
A vendor can fail long before its next review
A sound security assessment says nothing about whether the vendor will still be trading next quarter. Insolvency moves fast, often starts at a parent company, and turns a critical vendor into a continuity problem.
- Filings and register notices matched to the vendor’s legal entities
- The parent and your contracting entity watched, not just the brand name
- An insolvency flag on the vendor and in its cyber risk report
- A record that is not about the vendor set aside as “Wrong for us”, for your organization only
Where distress signals come from
Official filings and registers first, news second. Every record shows the source it came from.
Bankruptcy filings
Legal entity events
Government insolvency registers
Distress in the news
A review your examiner can follow
Every insolvency record gets one review, recorded step by step, and the vendor record already holds what continuity planning needs.
Decide what you are doing
Raise an issue, reassess the vendor, review its criticality, start the exit plan or notify the business owner, each with an owner and a due date.
Four eyes where it matters
“Does not affect us” on a Tier 1 or not-yet-assessed vendor needs a second person who can decide risk. Every step is audited.
Contract and contracting entity
The contract, the services the vendor supports, and which of its legal entities you contract with.
Exit and offboarding
Exit planning and offboarding tracked in the vendor lifecycle, with the decisions recorded.
From a filing to a decision about the vendor
Four steps, from the first record to your continuity plan.
- 01
The whole group, not one name
EntitiesRecords are matched to the vendor’s legal entities: the company itself, its parent, the rest of its group, and the entity you contract with, so a filing by a holding company is not missed. - 02
Alerted by who is affected
Signal, not noiseA record about the group parent, the vendor itself or your contracting entity raises an immediate alert. Another group entity, or a partial name match, goes to the daily digest. - 03
Flagged beside the rating
Never in itThe vendor carries an insolvency flag on its page and in its cyber risk report under Financial condition. Following rating-industry practice, the security rating is not changed by it. - 04
Reviewed in three steps
As regulators expectIs it about this vendor? Does it affect us? What are we doing? Each answer is recorded with a reason, an owner and a due date.
Frequently asked questions
What is vendor financial distress monitoring?
It watches for signs that a vendor may not be able to keep delivering: bankruptcy filings, insolvency proceedings, liquidation and dissolution, at the vendor and across its group. VendRisk360 matches each record to the vendors you rely on, alerts the right people and records your review, so continuity and exit planning start early.
Does VendRisk360 rate a vendor’s creditworthiness?
No. VendRisk360 is not a credit rating agency. It watches official filings, registers and the news for signs of distress, and your team decides what they mean for the relationship.
How does this fit with supplier risk management?
Financial viability is one of the core questions in supplier risk: can this supplier keep delivering? Distress monitoring answers it between reviews, on the same record as the supplier’s tier, contract, assessment and the services it supports.
Watch the financial health of your critical vendors
A tailored walkthrough with a third-party risk specialist, built around your program, your regulators and your vendors.