Manage vendor and third-party risk with full visibility into ownership, exposure and ongoing changes.
The problem
Most companies do not have a structured way to manage vendor and other counterparty risk beyond onboarding.
Ownership structures are unclear
Risk is checked once, not monitored
Exposure is not linked to actual business relationships
Processes are fragmented across tools
This creates blind spots in both compliance and business risk.
What you get
IQON extends its existing risk and onboarding capabilities to all counterparties.
You get:
Ownership and UBO visibility
Sanctions, PEP and adverse media screening
Continuous monitoring (not point-in-time checks)
Structured workflows and full audit trail
Risk is linked to actual business exposure — not just entity screening.
What you see
A single view of all vendors and counterparties
Risk classification across your vendor base
Alerts when ownership or risk changes
Full history of reviews and decisions
No separate tools or disconnected processes.
Where it is used
Financial institutions
Third-party risk, DORA-related vendor oversight, compliance
Audit and advisory firms
Supplier due diligence, client-related counterparties
Investment managers / private markets
Visibility into counterparties across investments and operations
DORA (EU) and vendor risk
Financial institutions are required to manage and monitor ICT third-party risk under DORA.
IQON supports this by providing:
structured vendor data
ownership and UBO visibility
continuous monitoring and alerts
risk classification and audit trail
IQON can be used as part of a broader DORA framework for third-party risk management.
Why this matters
You may depend on vendors you do not fully understand
Ownership and risk can change after onboarding
Manual reviews do not scale as your organisation grows
Vendor risk is not a one-time check — it is an ongoing process.