Ethixbase360 is a global provider of third-party risk management and compliance technology solutions. The company offers a comprehensive platform designed to help businesses identify, assess, mitigate, and report on third-party risks associated with their value chain. Ethixbase360's solutions focus on anti-bribery and corruption, modern slavery, human rights, and Environmental, Social, and Governance (ESG) risks. The platform utilizes a proprietary methodology called Explore, Enhance, and Engage, which enables organizations to manage their supply chain compliance and security based on risk exposure.
Ethixbase360's platform offers various features, including automated risk assessments, instant sanctions screening, adverse media and political exposure checks, enhanced due diligence reports with multilingual analysis in over 35 languages, and training modules. In January 2023, the company expanded its capabilities by integrating Tcompliance, a recently acquired entity known for its anti-bribery due diligence solutions and Tcertification reports. This integration has resulted in a more advanced and comprehensive third-party risk management platform.
The company's technology is designed to be scalable and configurable, allowing businesses to tailor the platform to their specific needs. Ethixbase360 offers solutions ranging from low-touch automated screenings across entire networks to enhanced due diligence and hands-on engagement with high-risk suppliers and intermediaries. In October 2022, Ethixbase360 completed the acquisition of Tcompliance (formerly TRACE Inc.), further expanding its capabilities in third-party and supply chain risk management.
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