Protecting your back
 

Protecting your back Compliance with supplier legislation, corporate governance standards and EC Procurement Law

Information at your fingertips
 

Information at your fingertips Access to accurate, up-to-date and verified supplier data and risk awareness for informed decisions

Powered by high quality data
 

Powered by high quality data Local supplier data validation coupled with world-class global audit & assessments

Collaboration through communities
 

Collaborative communities Connecting buyers and suppliers across bespoke industry and geographical communities

Powered by high quality data
 

Powered by high quality data Local supplier data validation coupled with one of the largest global audit & assessment providers

How compliant are your suppliers with legislation, regulation and corporate governance requirements? What unknown supply chain risks could cause operational and reputational impacts?

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How is compliance with bribery and corruption legislation being effectively managed within your supply chain? Is your business exposed to potential legal action or reputational risk?

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Slavery, servitude, forced labour and human trafficking, or ‘Modern Slavery’, is a growing global issue and exists in many industries in every region in the world.

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How well is the supply chain mapped across all tiers to identify potential hotspots that could disrupt supply, including risks of financial failure, natural disaster and terrorism?

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How do suppliers comply with your CSR policies across labour standards, ethical sourcing, equality and diversity, SMEs, use of natural resources or conflict minerals?

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How easy is it to access high quality, accurate and up-to-date information on suppliers? Is information instantly available online in a single system capable of alerting any key changes?

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Benefits to Suppliers

  • Shared supplier qualification and compliance needs amongst all banks and insurers
  • Reduces cost and administration burdon associated with pre-qualification, assurance and on-going compliance management
  • Significantly reduces duplicated efforts demonstrating compliance to buyers
  • FSQS and Hellios performance governed by member banks and insurers
  • Dynamic questions tailored to the products and services you provide
  • A profile which can be maintained and updated throughout the year
  • Used by Lloyds Bank, Metro Bank, Santander UK, TSB Shawbrook Bank and Aldermore Bank
  • Availability og guidance and support throughout the process
  • Responsible business practice that makes it easier for suppliers to do business with banks and insurers
  • Compliance requirements which are proportionate to the products and services being provided

 

Benefits to the industry

  • Improved overall standard, quality and performance of suppliers to the industry
  • Validated information -saves time and costs
  • Demonstrates internationally the efficacy of UK suppliers and supply chain
  • More efficient and cost effective process across buying organisations

 

 

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