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Crossword has demonstrated Rizikon Assurance’s value within large and complex enterprises, with a client base in sectors as diverse as nuclear and professional services. It recognises that smaller organisations have the same third-party risk imperatives as larger enterprises, but with less complex needs, and often lack in-house risk management expertise. Rizikon Pro is an out-of-the-box, online SaaS solution, offered on a pay-as-you-go basis, giving smaller organisations access to a set of core easy-to-use supplier assurance platform features, at lower cost. Modules can be chosen according to need, meaning customers only pay for the features they use, and can be expanded as required. Crossword anticipates a rapid roll out to a wider client base over the coming year.

Rizikon Assurance is a secure, encrypted portal which puts organisations in control of managing risks in their supply chain. COVID-19, Brexit, and a host of Environmental, Social and Corporate Governance (ESG) matters, have highlighted weaknesses within supply chains, raising awareness of the financial, regulatory, and reputational risks organisations indirectly carry. Rizikon Assurance contains standard questionnaires on subjects such as cyber security, GDPR, supplier on-boarding, modern slavery, anti-bribery & corruption, and soon to be released diversity and equality assessments. Customers also can create their own question sets and scoring approaches, enabling a 360-degree view of supply chain risk in a single pane of glass. Rizikon Assurance improves the scalability, security and auditability of third-party assurance and due diligence through its automated, centralised and encrypted platform.