CASE STUDY Automotive Solutions Company | Global
Automotive Retail Leader Strengthens Third-Party Risk Controls
Client Need
- Review existing third-party due diligence procedures before moving to a new platform.
- Confirm whether the current process supports risk awareness and escalation.
- Identify control gaps and determine improvements for long‑term oversight.
Client Solutions
- Evaluate third-party risk assessment and due diligence programs using the Department of Justice (DOJ) Evaluation of Corporate Compliance Programs (ECCP).
- Capture insights on risk awareness and current practices through interviews with first-line operators.
- Assess control performance and reveal gaps using procedural stress tests.
- Fit existing infrastructure with a custom, centralized, and streamlined due diligence process.
- Enable employees to identify red flags and escalate issues through training and communications.
- Support implementation planning.
Why Epiq
- Confidently implement compliance programs working with senior leaders who collectively have over 100 years’ experience meeting regulatory requirements.
- Save time and costs by working with a single experienced partner to assess, build, and support your compliance program.
Results and Benefits
Closed gaps and ensured 100% risk ranking.
Cut review time by 45 days.
Lowered legal effort by 75%.
Reduced external reports by 95%, saving US$100K yearly.