FiscalNote Launches AI-Powered Risk Connector For Anticipating and Managing Operational Risks

FiscalNote Holdings, Inc. (NYSE: NOTE) ("FiscalNote"), a leading AI-driven enterprise SaaS technology provider of global policy and market intelligence, today announced the launch of FiscalNote Risk Connector. FiscalNote Risk Connector, brings the power of the company’s data and AI capabilities to empower large enterprises in the private and public sectors to anticipate, understand, quantify, and track risks emanating from their operations and full web of relationships – taking a broad view that includes not only their supply chains, but also their customers, investors, partners, and any other vectors through which a risk could materialize.

Private and public sector supply chains and operational profiles are becoming exponentially more complex. The world’s largest enterprises – including corporations, military organizations, and more – operate in an increasingly complicated legal, regulatory, political, and economic environment, even as they leverage global networks with an ever-expanding maze of suppliers and partners. As a result, they face numerous challenges trying to predict and control the emerging and diverse range of risks that can have devastating impacts on corporate income, military readiness, brand reputation, operations, and more.

Powered by the company’s proprietary and innovative AI technology, FiscalNote Risk Connector provides decision makers at large enterprises with the 5 “As” essential to operational risk mitigation in an analytics and information platform that is:

• Automated: Mapping an entity’s suppliers, vendors, investors, and other key stakeholders within minutes
• Always-On: Tracking events and sentiment across an entity’s third-, fourth-, and fifth-party relationships to flag key risks in operations and supply chain
• Anticipatory: Surfacing when relationships between entities are fraying, providing early warning of unmaterialized risks automatically
• Auditable: Providing information down to the individual document where risk was detected, allowing companies to have confidence in the data and their mitigation strategies
• Accessible: Offering a wide array of channels through which customers can integrate its data into their risk management framework — from email delivery, to expansive APIs, to hosted solutions

Equipped with these insights, companies can rapidly determine whether doing business with a specific company or individual might lead to supply chain or regulatory compliance issues due to undeclared relationships, front companies, or other risk-related behavior. Whereas other tools are limited in scope and speed, FiscalNote Risk Connector fully maps relationships and detects risks in near real time, while providing a fully auditable data trail. For example, a customer or partner of Silicon Valley Bank could have leveraged the power of FiscalNote Risk Connector to detect SVB’s increased vulnerabilities — and taken mitigating steps — more than six months prior to the eventual collapse of the bank. Similarly, military or government entities that rely on complex and regulated supply chains in the midst of rising geopolitical tensions could have leveraged AI-driven insights from FiscalNote Risk Connector to understand shifting supply chains and operational risks that may derail government objectives.