ARLINGTON, Va., March 05, 2020 (GLOBE NEWSWIRE) — Interos, the first and only multi-tier, multi-factor third-party risk management platform, today announced the general availability of Interos v2.0, a cloud-based solution for third-party risk management. Unlike any other solution, Interos automates the discovery of third through Nth party relationships in customer supply chains, automatically assessing multiple risk factors, including financial, cyber, geographic, operational and governance.
The product announcement comes as the recent outbreak of coronavirus is expected to cost the global economy more than $1 trillion, according to Oxford Economics. Apple, a company with an already strong grasp on its supply chain, could see an estimated $7.5 billion revenue shortfall as a result, according to Morgan Stanley. Businesses need better protection from disruptive events and heightened awareness of risks before they materialize. Interos helps businesses be proactive about risks posed by challenges like these through near real-time visibility.
With Interos v2.0, enterprise risk leaders responsible for sourcing, governance and resilience can for the first time continuously detect…
