MQP 2019-Supplier Onboarding and Vendor Digital Identity for State Street Corporation Global Services’ Procurement Operation

This report is a documentation of our team’s progress in researching and analyzing vendor digital identity for State Street Corporation Global Services’ supplier onboarding and payment process. Our project presents the responsibilities of the Global Services division as well as reasons why stronger digital identity management is vital to corporate and financial security. The results of our project include insights of how to better understand Global Services’ vendor digital identity characteristics, specifically vendor parent to vendor child relationships, a business process map of the supplier onboarding and payment process, and vendor payment data analysis in Excel and Python. A mock-up Tableau dashboard was also created to influence the design of a future vendor risk dashboard. We anticipate that future project teams will use our project as a building block to understand and improve digital identity management for Global Services.