Due Diligence and Ongoing Monitoring

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Business/Financial Intelligence Tools?

  • 1.  Business/Financial Intelligence Tools?

    Posted 05-16-2023 02:57 PM

    Wondering what business/financial intelligence tools you all may use for ongoing monitoring.  I've done a bit of research, but what I'm coming up with is mostly from sales perspectives (research)and not from risk/monitoring perspectives.  I'm considering a replacement for the popular tool we are currently subscribed to for monitoring financial viability and hoping to get some ideas here.  More and more I'm finding data is old (sometimes several years) and/or inaccurate.  We work with financial institutions and it makes me nervous knowing how often I'm finding outdated and conflicting information and I'm not getting good answers from those who work there.  For example, after a certain bank debacle recently, although they are on our direct watchlist I did not get any kind of alert for them at all for 10 days past the shutdown. 

    I didn't want to mention the name of the tool we are using because I am unsure of whether we do that in these communities or not, but if you want to know, you can message me for convo around that if you'd like.  Thanks for any you all can share!