Vendor management system and method for vendor risk profile and risk relationship generation

Abstract

A vendor management system for calculating risks associated with registered vendors, the system including a processing device including a hardware processor configured to operate a risk calculation module to perform a risk analysis associated with a vendor of the registered vendors, a user terminal for accessing the processing device by a user, the user terminal configured to generate a user interface for the user to select a vendor from a list of registered vendors and to display a result of a risk analysis including a risk score performed by the risk calculation module; and a database access device configured to access data on the registered vendors including an access to a first database entry storing a vendor profile information including risk criteria associated with vendors, a second database entry storing personnel information of the vendors including information on at least one of employees and directors; and a third database entry storing weight factors associated with the risk criteria.

Dependencies are inferred from the claim text.