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KY3P® for Energy and Utilities

Learn more about KY3P® for Energy and Utilities
Get in Touch
Get in Touch
Identify and eliminate the third-party risks that jeopardize supply-chain management across your organization.

After years of being focused on reliable physical delivery infrastructure and systems, Energy and Utility companies are under increasing pressure to put enhanced focus on cyber security, sanctions and ESG (Environmental, Social and Governance). Recent large hacking and ransomware events have proved to be a potent threat to the ability to provide services that has implications to both end consumers and also national security. Ransomware attacks by well-organized cyber criminals have forced shutdowns as well as large payments to bring systems and physical supply chains back online.

The focus on ESG domains such as sustainability, Net-Zero, diversity, ethics, modern slavery and other areas are becoming a business reality. Failures in these areas can not only result in regulatory fines but also impact reputation, the ability to participate in public sector opportunities and the overall company evaluation. KY3P, an integrated solution platform, enables organizations to uncover supply chain vulnerabilities, identify risk exposure, and build best in class third party risk management capabilities. KY3P offers unparalleled solutions built by experts in partnership with a global design network.

Our deep domain expertise, data, and technology enhance and accelerate all aspects of supplier and third-party risk management from onboarding, regulatory compliance, assessment, monitoring and oversight. KY3P standardizes and simplifies third-party due diligence, provides end-to-end visibility and vigilance needed to protect the supply chain.

Learn more about our complete Supply Chain Solutions.

Your responsibility, but not in your control: third party risk management
DOWNLOAD WHITEPAPER
The ABC of ESG The challenge for Chief Procurement Officers is to ensure they lead the process rather than getting left behind.
DOWNLOAD WHITEPAPER
Procurement 2021: New Risks, New Roles
DOWNLOAD WHITEPAPER


80%

of firms have suffered a breach due to a third party

77%

of firms say they have limited visibility into third-party vendors

40%

of supply-chain disruptions are caused by tier 2 suppliers down to tier 10 and beyond

50,000+

vendor profiles available in the network

60,000+

rapidly expanding global user base

135

global economists and country risk experts


Key Capabilities

  • A golden source for all supplier data
  • Multi-source ratings for accurate, inclusive risk calculations
  • Holistic macro-views of supply-chain health and resilience

  • Risk exposure views by business line, project and manager
  • Continually updated data and proactive alerts
  • Standardized, best-practice procurement frameworks

  • Vast network of suppliers and partners
  • Managed TPRM and assessment services Integration with enterprise platforms
  • Automated workflow to improve efficiency


Why S&P Global for Energy and Utilities?

Cost effective

Reduce Costs

Decreased costs of third-party oversight and monitoring


Cost effective

Time Savings

Upload once and permission to many, reducing time updating responses and documentation

Cost effective

Decrease Risk

Secure platform to manage and exchange client information minimizes operational risk


Cost effective

Faster Deployment of Capital

Collaborate quickly and more effectively, reducing time to market

Cost effective

Transparency

Operational clarity for stakeholders driven by a robust workflow engine with full audit trail


Cost effective

Increased Efficiency

Information gathering for due diligence is simplified


See KY3P in action
REQUEST A FREE DEMO

Industry Insights & Articles

Con Edison Selects S&P Global KY3P® for Third Party Risk Management Due Diligence Questionnaires
ESG is becoming a critical component in the Supply Chain. Are you ready?
Procurement: New risks and new roles ahead
Are your low-risk vendors really low risk?
KY3P "Know your third party" in the Time of COVID-19

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