Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  SINGAPORE EXCHANGE  >  Neo Group Ltd    NEOG   SG2E97983414

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Neo : Supply WisdomSM, a branch of Neo Group Inc. Announces an Industry Milestone - All Aspects of Third Party Risk Monitoring Solutions Are 100% Real-Time and Continuous

share with twitter share with LinkedIn share with facebook
share via e-mail
11/29/2017 | 08:01pm CET

Supply WisdomSM (Neo Group) clients can now access all of Supply Wisdom’s Supplier and Location risk solutions on a continuous, real-time basis, including Alerts, Data and Guidance, as well as Health and Risk Scores.

Boston, MA, November 29, 2017 --(PR.com)-- In the current climate of unprecedented weather-related disasters and geo-political uncertainty, corporations are increasingly at risk of experiencing major third-party service disruptions. As companies have increased their reliance on third parties to boost operational efficiency, implement advanced technologies, and enhance customer experiences, the necessity for an effective ThirdParty Risk Management program is more critical than ever. Recent disasters and disruptions have proven it is no longer sufficient or prudent to limit third-party risk assessment as part of due diligence or in episodic, annual or even quarterly cycles.

“Companies need a robust third party risk management solution that addresses day-to-day operations while considering strategic and enterprise wide objectives. A best practice is to have real-time and continuous risk monitoring,” said John Bree, Former TPRM Head, Deutsche Bank and now SVP, Supply Wisdom.

This growing need is reflected in the OCC Risk Management Principals Bulletin 2017-43 released in October of this year. The bulletin details that banks “should implement an ongoing and effective third-party risk management program for service providers.” Furthermore, “Throughout the third-party relationship’s life cycle, the risk management process should include ongoing monitoring.” In accordance with OCC guidelines, episodic and ad-hoc monitoring may not be sufficient.

As the only Third Party Supplier and Location risk-monitoring product on the market that is 100% real-time and continuous, Supply Wisdom SM, a branch of Neo Group Inc., solutions are uniquely designed to provide a solid framework for any corporation’s risk monitoring program.

Inspired by customer feedback, the latest version of Supply Wisdom SM also includes product features designed for an immediate understanding of the customer’s real-time third-party risk landscape.

The new enhancements include:

· Real Time Risk Scores - The proprietary risk framework now includes real-time risk scores along with previous quarterly trends as the upgraded risk algorithm engine now syncs with real-time updates.

· Customizable Event Alert Summaries (Trackers) – These user customized daily, weekly, monthly, and quarterly trackers for monitored locations and suppliers are generated and delivered automatically by email. To support analytical needs, users can generate reports by target, risk category, severity, date range and keyword. Additionally, data can be downloaded and shared in Excel for easy filtering and analysis.

· Updated alert notification system – Although all alerts will continue to be delivered to the customer’s account dashboard, customers can now select their preference for the real-time alert level notifications delivered by email: Low, Medium, High or Immediate.

About Supply Wisdom
Since 2012, Supply Wisdom is the industry’s leading real-time location and supplier data, analytics and risk monitoring service. Supply WisdomSM, a patent-pending, cloud-based service is used by over 100+ corporations, including leading banks, regional banks, insurance companies, healthcare and global industries.

Contact Information:
Neo Group
Stevie Burger
Contact via Email

Read the full story here: https://www.pr.com/press-release/736534

Press Release Distributed by PR.com

Latest news on NEO GROUP LTD
11/29 NEO : Supply WisdomSM, a branch of Neo Group Inc. Announces an Industry Mileston..
08/03 NEO : Chinese P2P Neo Online Helps Children Realize Football Dream with Internat..
03/16 NEO : at Global Summits 2017, a SIG Event
03/16 NEO : Neogroup Named Enlighta Implementation Partner Recognizing Neo Group&rsquo..
03/15 NEO : to Acquire Lavish Dine Catering
02/11 NEO : Shines Sourcing Light at the IAOP OWS17 Summit
More news
Financials ( SGD)
Sales 2018 192 M
EBIT 2018 7,80 M
Net income 2018 4,47 M
Debt 2018 61,0 M
Yield 2018 1,41%
P/E ratio 2018 23,67
P/E ratio 2019 23,67
EV / Sales 2018 0,86x
EV / Sales 2019 0,78x
Capitalization 104 M
Duration : Period :
Neo Group Ltd Technical Analysis Chart | NEOG | SG2E97983414 | 4-Traders
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 1
Average target price 0,64  SGD
Spread / Average Target -9,9%
EPS Revisions
Kah Kiat Neo Chairman & Chief Executive Officer
Hwee Ai Teo Chief Operating Officer
Oi Peng Liew Executive Director
Choh Khing Liew Executive Director & Head-Food Retail
Hin Sun Wong Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ARAMARK19.09%10 309
SSP GROUP PLC71.49%4 247
SKYLARK CO LTD8.08%2 919