Most enterprises vet people and companies before hiring or doing business with them to ensure they meet specific criteria. But for many applications, that’s not enough. You may also want to continuously evaluate how the risk or opportunity is changing in real time. Perpetual vetting – also known as real time vetting and continuous vetting – ensures dynamic risk assessment and decision accuracy at all times.
The challenge with achieving perpetual vetting is taking advantage of and quickly making sense of new or changing data. Many perpetual vetting systems aren’t real time, don’t have data streaming capabilities and struggle or fail in these areas.