A Third-Party Risk Management team from a large corporation uses Amenity’s NLP to provide real-time alerts about the impact of COVID-19 on any of their 1,200 suppliers.
The Third-Party Risk Management team from a large corporation was tasked with understanding the risk exposure of their suppliers created by the COVID-19 pandemic.
Amenity created a customized NLP model to identify any news story about the impact of COVID-19 on any of 1,200 suppliers to the corporation – turning extracted data into analytic dashboards, and enabling real-time email alerts for emerging risks.
The NLP model automatically surfaced risks according to three distinct categories:
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