Risk Technology Leaders Will Collaborate to Supercharge Capabilities as
Threats and Regulatory Requirements Increase
WASHINGTON, May 14, 2024
/PRNewswire/ -- In a move set to redefine the landscape of
global supply chain security, Kharon, a pioneer in advanced
risk analytics solutions, and Exiger, the leading supply chain and
third-party risk AI company, today announced the official launch of
their strategic partnership. This collaboration marks a significant
milestone in the fight to secure fragile global supply chains,
offering businesses and government organizations unparalleled
protection through combined expertise in intelligence, technology,
and risk identification.
The 1Exiger platform and proprietary risk model eliminate noise
and offer a comprehensive picture of risks and vulnerabilities
across all supply chain tiers – from the overarching ecosystem to
company and entity level, down to a single product or component.
Exiger's AI-powered Proactive Intelligence capability provides
real-time, accurate and comprehensive insights that empower
organizations to make informed decisions faster and with greater
confidence.
Kharon, a leader in identifying risk at the intersection of
security and global commerce, has long been at the forefront of
providing deep insight into the intricate networks of global supply
chain risks. Its industry-leading research and data science
methodology ensures an unparalleled level of detail, enabling
organizations to navigate the complexities of international
commerce with confidence.
This partnership further enhances Exiger's best-in-class supply
chain management and visibility platform by integrating data from
the Kharon Core—a proprietary map of global risk—via Kharon's new
API, making this critical information available to Exiger customers
worldwide. These capabilities combine to create a more robust and
dynamic analysis of supply chain vulnerabilities, significantly
streamlining and accelerating risk assessments, ensuring compliance
in an increasingly regulated global economy, and enriching the
decision-making process for supply chain, risk, compliance and
procurement professionals.
"The partnership between Kharon and Exiger is more than a
collaboration; it's a union of powerful solutions aimed at securing
the global supply chain against the multifaceted risks of the
modern world," said Howard
Mendelsohn, Chief Customer Officer of Kharon. "By combining
Kharon's intelligence and technological capabilities with Exiger's
platform and advanced risk model, we can offer game-changing
solutions to proactively address material vulnerabilities and
protect franchise value. Our goal is to equip our clients with the
tools they need to manage and mitigate the complexities of global
supply chain risk effectively."
"Exiger and Kharon are raising the bar and setting a new
standard in supply chain security and resilience," said Exiger CEO
Brandon Daniels. "This partnership
is rooted in our shared mission to empower organizations with the
intelligence and tools they need to thrive in an increasingly
uncertain global market. Our combined solutions will allow
customers to not only identify current threats but also proactively
address the myriad of risks that threaten the stability and
integrity of their supply chains."
Kharon and Exiger will co-host a live webinar, Supply Chain
Resilience in the Defense Industrial Base, on May 21, 2024. Registration is now open at:
https://go.kharon.com/webinar/exiger/supply-chain-resilience-dib.
About Exiger
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. Exiger's mission
is to make the world a safer and more transparent place to succeed.
Empowering its 550 customers across the globe, including 150 in the
Fortune 500 and over 55 organizations across the Defense Industrial
Base and government agencies, with award-winning AI technology,
Exiger leads the way in ESG, cyber, financial crime, third-party
and supply chain management. Named one of Fast Company's 2023
'Brands That Matter' and recipient of the Third Party Risk
Association's 2024 Innovator Award, Exiger's work has been
recognized by 40+ AI, RegTech and Supply Chain partner awards.
Learn more at Exiger.com and follow Exiger on LinkedIn.
About Kharon
Kharon helps leading organizations
identify a range of sanctions and compliance risks, critical to
managing financial crimes, supply chain exposure, export controls,
investment risk, and more. Combining cutting-edge technology and
data science with industry-leading research, Kharon provides the
critical insights required for a comprehensive view of risk and
commercial threats. Visit Kharon.com and follow Kharon on LinkedIn
to learn more.
Contact Information:
For Exiger:
Kody Gurfein
Chief Marketing Officer for Exiger
1.914.393.0398
kgurfein@exiger.com
For Kharon:
media@kharon.com
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SOURCE Exiger