Overview

Exiger focuses on risk management and supply chain visibility, providing a cloud-based platform that helps clients, including Fortune 500 companies and federal agencies, manage their supply chains and associated risks. The platform offers several services: Supply Chain Management gives clients a comprehensive view of their supply chains; Third-Party Risk Management involves due diligence on third-party relationships; Sanctions & Media Screening uses technology to monitor sanctions and adverse media; and AI-Powered Due Diligence speeds up onboarding and identifies significant risks. Exiger differentiates itself by combining advanced technology with a focus on comprehensive risk assessment, which has earned it recognition from Fast Company. The company's goal is to empower clients to make informed decisions and manage risks effectively.

Simplify's Take

What believers are saying

• Exiger won a $919 million government contract for supply chain risk illumination.
• The company is recognized as a 'Best-of-Breed Solution' in risk management technology.
• Hiring Christian Woodward as CRO is expected to accelerate Exiger's growth.

What critics are saying

• Increased scrutiny on forced labor could lead to reputational damage for Exiger.
• Growing data complexity may strain Exiger's technological capabilities, risking service disruptions.
• New leadership roles may lead to strategic shifts misaligned with client expectations.

What makes Exiger unique

• Exiger offers AI-powered due diligence for comprehensive risk management.
• The company provides end-to-end supply chain visibility through a secure cloud-based platform.
• Exiger's services cater to Fortune 500 companies and federal agencies, ensuring broad market reach.

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