Blog

What will 2017 Hold for Bribery & Corruption Enforcement?

8 reasons why anti-bribery & corruption compliance should be a focus for multinationals

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Topics: Anti-Bribery and Anti-Corruption, third party risk management, Corruption Enforcement, Corruption, Global 2000, Fraud, Bribery, compliance programs

The EU GDPR & Third Party Risk

Why Global 2000 Companies Should Be Focused on Third Party Compliance

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Topics: third party risk management, Data Security & Privacy, GDPR, General Data Protection Regulation

French ABAC Laws: Sapin 2

France Adopts ABAC Laws and Joins Global Efforts at Combatting Corruption

 

France has the sixth largest economy in the world, but it has never prosecuted a French company for corruption in a foreign country. That work has been left to countries such as the United States, which fined French oil company Total $398 million for Anti-Bribery/Anti-Corruption (ABAC) violations in 2013 and the French power and transportation company Alstom $772 million for ABAC violations in 2015. The lack of anti-corruption scrutiny French companies received at home might explain why France ranks only 23rd in Transparency International’s Corruption Perceptions Index for 2015.

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Topics: Anti-bribery & Anti-corruption, risk and compliance, Anti-Bribery and Anti-Corruption, third party risk management, aravo, ABAC, France, Sapin 2

Adobe Case Study

Reaping business value from better GRC efficiency, effectiveness and agility in complex Third Party Programs

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Topics: grc, third party risk management, Adobe, GRC20/20, Third Party Management, Case study, Value Award

Aravo and Adobe Recognized with GRC2020 Value Award for Third Party Management

Solution found to drive measurable value, delivering better GRC efficiency, effectiveness and agility to complex Third Party Programs

Recognition for a job well done is always appreciated. It’s especially appreciated when the recognition is for a job well done for clients. The team here at Aravo were particularly honored and excited to receive the 2016 GRC Value Award for Third Party Management (TPM) from independent GRC analyst firm GRC20/20 for our TMP solution for Adobe Systems.

The annual GRC Value Awards recognize real-world implementations for Governance, Risk and Compliance programs and processes that have returned significant and measurable value to an organization. You can read the full Adobe Systems case study here.

Download-Adobe-Case-Study

There were two points that the study highlighted that we thought were of particular note:

1) “The efficiency, effectiveness and agility Aravo provides Adobe demonstrates the advantages of a dedicated third party management platform to meet the needs of a growing, complex and dynamic business environment.”

and,

2) “Adobe have told GRC20/20 that Aravo has been easy to work with, responsive to questions and requests, and they have benefitted from the excellent support and professional services of Aravo as well as the core technology itself.”

Both these points underscore concepts that are central to our approach at Aravo.

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Topics: grc, third party risk management, Adobe, GRC20/20, Third Party Management, Case study, Value Award

Reducing Regulatory Risks & Achieving Third-Party Compliance in Mining

Multi-million dollar fines, bad publicity, even jail time for executives—mining companies have a lot at risk in the area of regulatory compliance. In Ernst & Young’s report Business risks facing metals and mining 2016-2017, two of the top ten trends relate to transparency and compliance. Government are cracking down on corruption, and NGO’s and journalists are fueling social movements expressing concern over workplace safety and ethical sourcing.

One area deserves attention from mining and metals companies: third-party compliance.

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Topics: FCPA, Anti-Bribery and Anti-Corruption, Mining, third party risk management, Responsible Sourcing, Conflict Minerals

The new Aravo corporate site is live


Today we launched our new Aravo corporate website. It’s mobile ready, and designed to make it more intuitive for you to navigate and find the information you need to fuel your third party risk management technology decisions.  We hope you like it.

You can explore the range of industries we support (our clients include top 5 companies across most industry verticals), learn about the challenges that companies face when it comes to managing third party risk at scale, and discover the business benefits we deliver with our unique combination of technology and domain expertise.

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Topics: Anti-bribery & Anti-corruption, grc, third party risk management, Data Security & Privacy, Responsible Sourcing, Resources, Registration & Qualification, website