Owlin: How AI Is Used to Stay Ahead of Third-Party Risks

1. Introduction to the company:

Owlin is an AI-driven platform specializing in third-party risk management and market intelligence. Founded in 2012, Owlin helps finance professionals and risk managers monitor their portfolios proactively by extracting insights from online sources and newswires. The platform provides real-time alerts and comprehensive risk assessments, enabling clients to stay ahead of emerging risks, opportunities, and trends that may affect their organizations.

2. Features of the product/platform:

• Real-Time Monitoring: Continuously tracks and analyzes data from various sources to provide up-to-date risk insights.
• Adverse Media Monitoring: Detects and reports negative news about third parties, helping to manage reputational risks.
• Consumer Review Analysis: Monitors and analyzes consumer reviews to identify potential risks and issues.
• Global Language Coverage: Uses machine translation models to cover multiple languages, including English, Chinese, Japanese, and Russian.
• Customizable Alerts: Provides tailored alerts based on specific risk criteria and thresholds.
• Comprehensive Data Integration: Integrates traditional and alternative data sources for a holistic view of risks.

3. Challenge the company is solving:

Owlin addresses the challenge of managing third-party risks by providing real-time monitoring and analysis of external data. This helps organizations identify and mitigate potential risks from vendors, suppliers, and other third parties before they escalate.

4. Benefits of using the product/platform:

• Proactive Risk Management: Enables early detection and mitigation of risks.
• Enhanced Decision-Making: Provides critical insights to inform strategic decisions.
• Improved Efficiency: Streamlines risk monitoring processes, saving time and resources.
• Global Coverage: Offers comprehensive monitoring across multiple languages and geographies.

5. Recommendations on how to best use the product:

• Set Up Custom Alerts: Configure alerts based on your specific risk criteria to stay informed about relevant developments.
• Regularly Review Insights: Continuously review the insights provided by the platform to stay ahead of potential risks.
• Integrate with Internal Systems: Combine Owlin’s data with your internal systems for a more comprehensive risk assessment.
• Leverage Expert Support: Use Owlin’s support team to optimize the use of the platform and address any specific needs.

For more information, visit Owlin.

This summary was produced using Microsoft Copilot.