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Kroll Launches New Compliance Portal, an Easy-to-Use, Technology Solution to Help Organizations Manage Their Third Party Compliance ProcessKroll, the global leader in risk identification and mitigation, today announced the release of the Kroll Compliance Portal, specially designed to enable compliance and legal professionals to manage the regulatory and compliance challenges associated with third party relationships, automate compliance activities and seamlessly gain access to Kroll's time-tested and globally recognized expertise. "With the launch of the Kroll Compliance Portal, we are giving companies an extremely flexible and efficient way to manage the risks associated with their third parties," said Lee Kirschbaum, President of Kroll's Compliance business. "By combining a technology solution with access to experienced due diligence analysts and investigators, we enable organizations to prioritize their resources and focus on their highest-risk third parties and general U.S. FCPA, U.K. Bribery Act and other anti-bribery and corruption compliance obligations," Kirschbaum said. Businesses in virtually every industry are challenged today by the need to manage a burgeoning number of third parties, especially in an environment of intense regulatory scrutiny. The risk is too large to ignore - in its most recent Foreign Bribery Report, the OECD reported that third parties were involved in 75 percent of enforcement actions. The Kroll Compliance Portal offers a holistic approach to the compliance process, bringing together the four major components needed to help companies comply with the FCPA, UKBA and other global anti-corruption laws - advice, technology, data and due diligence. Acting as an extension of compliance organizations, the Kroll Compliance Portal provides users with access to modules designed to bring efficiency and consistency to third party compliance programs, including:
For more information on Kroll Compliance Portal and Kroll's comprehensive compliance solutions and offerings, visit www.kroll.com/compliance. About Kroll Kroll is the leading global provider of risk solutions. For more than 40 years, Kroll has helped clients make confident risk management decisions about people, assets, operations and security through a wide range of investigations, cyber security, due diligence and compliance, physical and operational security and data and information management services. Headquartered in New York with more than 50 offices across nearly 30 countries, Kroll has a multidisciplinary team of over 2,000 employees and serves a global clientele of law firms, financial institutions, corporations, non-profit institutions, government agencies and individuals. For more information visit www.kroll.com.
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