Best practices for automating third-party due diligence

Firms are increasingly responsible for the actions of their third parties. In the past, firms screened all their third parties and reserved enhanced due diligence for a smaller, higher-risk subset. However, globalised supply chains and regulatory pressure on managing third-party risk means firms need to decrease that threshold to scrutinise all third parties more closely.…

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Where Xapien fits into the client onboarding process

Recap When considering a solution like Xapien, the key question is where this tool fits into your current process. One major challenge for law firms is the initial research phase—identifying potential clients or parties involved in a case, and then researching through Google and other sources. This is time-consuming work, taking compliance teams days or…

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Xapien’s double award in Chartis Research’s Financial Crime and Compliance 50 2024

We ranked number 33 in Chartis’s Financial Crime and Compliance 50 2024 (FCC50), and won the Entity Management award! This puts us amongst industry giants such as LexisNexis Risk Solutions, Moody’s and Oracle. Our AI due diligence solution is officially disrupting the market. Chartis’s FCC50 report ranks worldwide technology solutions for anti-money laundering (AML); sanctions,…

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