Vendor Risk Management

What Is Vendor Risk Management?

Diliguard’s Vendor Risk Management evaluates multiple companies at once for sanctions exposure, beneficial ownership, regulatory fines, and adverse media, designed for batch screening of suppliers, vendors, or business partners rather than one-at-a-time lookups.

How Vendor Risk Management Works

• Batch LEI Registration Check: Confirms legal registration status for every listed vendor via the global GLEIF database.
• Beneficial Owner Screening: For UK-registered vendors, traces beneficial owners and ownership percentages; for EU-registered vendors, the same UBO Scanner extends coverage to the 27 EU member states.
• Regulatory and Sanctions Screening: Checks every vendor against regulatory enforcement records and OFAC/UN/EU/UK sanctions lists covering roughly 215 countries.
• PEP and Adverse Media Screening: Checks each vendor’s principals against a PEP dataset covering 28 countries plus an EU and a global collection, and scans global and local news for negative coverage.

What Diliguard Returns

Results are organized by vendor and check type: each company gets its own LEI Registration card, Beneficial Owners cards (where UK/EU-registered), Regulatory Fines findings, PEP Check results, Sanctions matches, and Adverse Media articles, presented so a procurement team can review each vendor’s full profile or scan across vendors for any single risk type.

Data Sources and Coverage

LEI registration checks are global via GLEIF. Beneficial ownership tracing covers UK-registered vendors directly, extended to the 27 EU member states through the same UBO Scanner, not the full vendor list regardless of jurisdiction. Sanctions screening covers roughly 215 countries. PEP screening covers 28 countries plus a separate EU-wide and a global collection. Adverse media draws on Google News with local-language translation for non-English coverage.

Frequently Asked Questions

How many vendors can be screened in a single batch?

Vendor names are entered as a comma-separated list and each is checked individually within the same request, so the batch size scales with how many names are provided rather than a fixed cap on the workflow itself.

What happens if a vendor is registered outside the UK or EU?

LEI registration, sanctions, PEP, and adverse media checks still run globally or at their documented scope. Beneficial ownership tracing specifically will not resolve for that vendor unless it is UK or EU-registered.

Does a clear result today guarantee the vendor stays clear?

No. Sanctions lists and ownership structures change. Vendor Risk Management results reflect the state of each database at the time of the check, which is why pairing a batch screen with continuous monitoring on the resulting watchlist is the more durable approach for active vendor relationships.

Can this be run as a recurring check rather than a one-time screen?

Yes. Any vendor screened through this workflow can be added to continuous monitoring at a daily, weekly, monthly, quarterly, or yearly interval, so a previously cleared vendor is re-checked automatically.

Where This Fits

Vendor Risk Management is the batch-screening layer behind Vendor & Partner Due Diligence, Trust & Estate fiduciary and co-trustee screening, and Lawyers & Notaries post-transaction supply chain audits.

Architecture and Integration

This is available as the Vendor Risk Workflow in the portal, or via the Developer API at api.diliguard.com, authenticated with an API key created from the portal’s Settings page, for procurement systems that need to trigger a batch screen programmatically. The same workflow is callable through the @sluxia/diliguard-mcp MCP server.