From 60 Risk Inputs to a Single Source of Truth: How a Global Energy Leader Consolidated Third-Party Risk with Sayari
Critical Risk Domains Trade | Financial | Sanctions/Diversion | Anti-Bribery/Corruption | Human Rights/Forced Labor | Maritime
As one of the largest publicly traded energy enterprises in the world, this organization replaced fragmented, manual oversight with Sayari’s automated risk orchestration. By unifying disparate data streams, they transformed a noisy compliance environment into a scalable, real-time engine for growth and security.
Success at a Glance:
Unified Vision:
Centralized third‑party screening on a single platform, eliminating dependence on more than 60 disconnected tools and workflows.
Speed:
Enabled near real-time automatic approval of low-risk third parties who previously required manual reviews across a number of risk domains.
Scale:
Enabled daily sanctions screening of 1.2M entities.
The Challenge: High Stakes, High Noise
Operating in a heavily regulated industry, this market leader needed to balance rigorous risk management with operational speed. With multiple ways to view risk globally, the organization faced a significant “noise vs. signal” challenge. Fragmentation introduced inconsistent data, duplicated work, and a lack of central oversight, which in turn drove up risk and operational cost.
“Sayari seamlessly integrated into our environment, and they’ve been the most collaborative vendor we’ve worked with.”
The Solution: Radical Flexibility over Rigid Processes
This energy leader selected Sayari to consolidate risk data streams, automate high-friction workflows, create a defensible audit trail, and streamline costs.
Key Transformation Pillars:
- Seamless Integration: Sayari’s platform wrapped around existing infrastructure, replacing manual email-based processes and risk checks with integrated automation.
- Low Friction: Unlike one-size-fits-all solutions, Sayari integrated into the customer’s internal operational ecosystem without requiring massive change management.
- Proven Tech Stack: Sayari’s investigative research solution for understanding entity relationships and risk indicators integrated with the Sayari workflow platform to automate third-party and forced labor risk management processes.
Impact: Operational Excellence & Compliance Defensibility
- Accelerated Scalability & Real-Time Onboarding: Transitioned from days-long manual adjudications to real-time, straight-through processing. Proven by integrating 1.2M records into their TPRM workflow to deliver rapid scaling without resource-intensive manual validation.
- Regulatory Defensibility & Data Provenance: Eliminated “black-box” sourcing by providing a single, downloadable audit trail. Delivered full visibility into data provenance—using the same data as the regulators—to satisfy stringent regulatory requirements and build defensible trust.
- Operational Efficiency & Resource Optimization: Redirected high-value legal and compliance teams away from routine, low-risk entity reviews to focus exclusively on high-risk escalations and complex adjudications.
- Enhanced Supply Chain Transparency: Identified hidden downstream buyers and mapped complex Tier-N networks to satisfy human rights/forced labor risks in their supply chain, with plans to add additional ESG snd Sustainability domains as the program is scaled..
- Reduced Total Cost of Ownership: Achieved significant cost savings by consolidating redundant technology and data provider subscriptions into a single, unified third‑party risk intelligence solution.