Use Case

Comprehensive Vendor Risk Orchestration

Managing third-party risk requires verifying vendors, monitoring their status, and assessing ongoing compliance.

JANUSCHIRONDAEDALUS
The Problem

The Challenge

Managing third-party risk requires verifying vendors, monitoring their status, and assessing ongoing compliance. Most organizations lack systematic approaches.

The Solution

How Olympus Helps

Use JANUS for business verification, CHIRON for license compliance, and DAEDALUS for contractor performance history to build a complete TPRM solution.

Key Benefits

Transform your workflow with measurable improvements

Centralized vendor risk assessment

Continuous compliance monitoring

License expiration tracking

Performance history analysis

How It Works

A simple workflow to achieve your goals

1

Onboard Vendor

Verify business entity and capture vendor details

2

Assess Credentials

Verify licenses and check compliance status

3

Review Performance

Analyze permit history and completion rates

4

Monitor Continuously

Set up alerts for status changes and expirations

APIs You'll Use

The Olympus products that power this use case

JANUS

Business Verification API

Unified API for verifying business entity registrations across all 50 US states.

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CHIRON

Professional License Verification API

Instant verification of professional licenses across all 50 US states.

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DAEDALUS

Building Permits API

Aggregate building permit data from 2,000+ US municipalities into a searchable API.

Learn more

Industries Using This

See how different sectors apply this solution

Banking & Credit Unions
Insurance
Fintech
Government & Public Sector

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