29% of wealth firms take over three months to onboard a single client.
Each day a client waits to be cleared, your firm loses revenue.
Primary revenue streams are frozen until clients are fully onboarded. The bottleneck lies in manual due diligence and AML compliance. Whether it’s false positives causing delays or manual research taking hours, due diligence is a costly part of your onboarding process.
Turn due diligence into an opportunity, not a blocker.
HNW clients expect speed and discretion. The longer a client waits, the more likely they will take their business elsewhere. Due diligence often requires multiple analysts to conduct open-source research, spending days manually searching, discarding, and summarising findings. To stay competitive, your compliance team needs faster and more efficient research tools.
Complex client profiles in minutes
Xapien is an AI-powered research platform that conducts AML and KYC checks, delivering in-depth contextual research on any individual or organisation worldwide within minutes.
Xapien integrates data from 0.5 billion corporate records, PEPs, sanctions, and watchlist screening datasets. But it doesn’t stop there. The platform searches the indexed internet for negative media. It disambiguates results to ensure the report is relevant to your subject.
Concise summaries resemble an analyst's written report, presenting key risk information at a glance. With this holistic view, compliance teams can make decisions in minutes. Clients are cleared faster, and assets are put to work sooner, generating returns more quickly.
Dow Jones
Pinsent Masons
Dow Jones
Dow Jones
YFM Equity Partners
Griffin
Zurich
The General Counsel at Pinsent Masons recognised that digitisation was essential for the compliance team to conduct due diligence earlier in the onboarding phase in a way that better balances resources. However, the firm faced challenges in finding a tool that was both reliable and trustworthy. This led them to partner with us to co-develop the legal market’s first AML due diligence tool powered by a Large Language Model (LLM).
When integrated into the process, the firm expects low-risk clients to be cleared in hours as opposed to days. Rather than spreading their focus equally across all clients, Xapien will enable its analysts to allocate resources more effectively to higher-risk cases, applying the appropriate level of AML controls to each client and focused ongoing monitoring.
Customer stories
Pinsent Masons
Dow Jones’s Risk & Compliance team recognised a growing need for deep and broad due diligence on an increasing number of counterparties. But clients also needed their programs to be cost-effective while delivering results fast. Dow Jones wanted to transform the due diligence process for its clients.
By partnering with Xapien, they reduced the time needed to run a background check from days to minutes. The combination of Xapien’s groundbreaking AI and Dow Jones’s world-leading data set is reshaping risk management workflows, creating an additional layer of investigation that can be deployed at scale.
Customer stories
Dow Jones Risk & Compliance
Griffin is creating the bank you can build on with an API-first, full-stack Banking as a Service platform. Compliance is a key offering so it’s vital that Griffin upholds industry best practices in its own third party risk management. It used to take at least a day to perform due diligence on every prospect, or supplier. This held back business growth.
Thanks to Xapien, enhanced due diligence on the directors of prospect companies and suppliers have gone from a resource-intensive one-day process to detailed evidence-based reports in under 12 minutes. The insights provided by the compliance team are shared with sales teams within hours, not days, so Griffin can get on with building a rapidly scaling business.
Customer Stories
Griffin
Given the scale of the team’s operations, they have always relied on technology to support them. Before Xapien, the firm used a different tool which would often result in more manual work than it saved. They would receive lengthy PDF reports that lacked interactivity and tended to produce false hits. The team had to sift through page after page, determining whether the information was relevant to the targeted companies and individuals. These reports typically spanned nearly 50 pages and made it challenging to discern what the direct risks were. The result was a slow process and a difficult relationship with the first line.
The firm now uses Xapien to screen portfolio companies they plan to buy. The Xapien reports take 10 minutes to run and provide early insights on risks and red flags as well as highlighting complex corporate structures. This allows the compliance team to quickly confirm if a portfolio company is suitable for a deal, and get back to the first line far quicker. They are no longer responsible for holding up the deal due to extensive background research, but can provide rapid insights early on in the cycle allowing the deal team to make more efficient decisions.
Customer stories
Leading private equity firm
Zurich conducts thorough investigations on Commercial Companies as part of their operations. The process involves collecting data from multiple records to validate policy responses and ensure accurate risk assessments. This used to be a time-consuming, labour-intensive process.
With Xapien’s AI-powered technology, Zurich’s claims investigations team gather comprehensive corporate information about individuals in 10 minutes. Zurich uses these reports to make quick, confident decisions about all investigation subjects, protecting the institution from risk.
Customer Stories
Zurich Insurance
Cytora integrated with Xapien to enable commercial insurance underwriters to instantly gain access to our AI-powered due diligence via Cytora’s risk processing platform. By integrating directly into Cytora, underwriters no longer need to manually check scores of data sources for potential risks.
Our AI-powered tool automatically reads and analyses information such as online media, corporate records and structured screening data in any language. As a result, the time taken for due diligence can be reduced from hours or days to minutes. Access to rapid, automated due diligence reports on all their policyholders will fight commercial claims fraud, and facilitate more informed forecasting.
Customer stories
Cytora
Xapien streamlines due diligence
Xapien's AI-powered research and due diligence tool goes faster than manual research and beyond traditional database checks. Fill in the form to the right to book in a 30 minute live demonstration.