Hellios
Shared supplier assurance platform through which financial institutions collect validated third-party risk data.
Overview
Hellios runs community-based supplier assurance for regulated industries, including the Financial Services Qualification System, through which suppliers enter their policies, certifications and controls once and share them with the financial institutions they serve. Banks and other financial firms use the validated data to support third-party risk oversight and operational resilience without running separate due diligence on every supplier.
The platform adds continuous monitoring of supplier risk, automated collection and refresh of supplier documents, and standardized risk scoring and reporting. Hellios operates similar communities for other sectors and has launched a financial services community for North American institutions.
Key Features
- + Shared supplier assurance data
- + Continuous supplier monitoring
- + Automated supplier document collection
- + Standardized supplier risk scoring
