Posts by xapienstg
How AI improves reputational due diligence
Performing reputational due diligence emerged in the 2000s… so why in 2023 should organisations be reviewing and improving their approaches? The way due diligence can be used to manage the reputation of organisations has transformed in recent years. The move to the always-on digital world has impacted due diligence in two significant ways: An understanding…
Read MoreIntroducing a better way to perform background research
Our mission is to democratise background research. The explosion of online data has widened the scope for both reputational risk and avenues for growth. As a result, due diligence processes that were already in place for practically every sector are struggling to keep up. The benefits of a due diligence process that takes advantage of…
Read MoreThe top prospect research tools to streamline donor due diligence
There are a number of tools now available for universities and non-profits looking to streamline donor due diligence and win more major gifts. From consultancies of expert researchers who dig into the potential and risks of prospects, to software solutions that can speed up and improve in house wealth screening, there are a multitude of…
Read More5 simple steps to adverse media checks
Organisations across all sectors today need to be aware of two facts: 1. The amount of publicly available online data is constantly increasing at rapid speed. 2. Their due diligence has to be capable of taking this data in account to be truly efficient. The latter is easier said than done,…
Read MoreEverything you need to know about risk assessment
And how automation helps you manage it Authorities in every jurisdiction require law firms to assess risk and carry out due diligence before they take on new clients. The requirements are complex and vary according to area of practice and location. Furthermore, it is not uncommon for current or former clients to file claims against…
Read MoreThe challenges facing law firms in 2023, and how to solve them
Law firms have long needed to carefully look into the background of their clients in order to avoid potential legal or ethical non-compliance. This process, though demanding in terms of time and resources, is crucial to avoid conflicts, comply with regulations, and avoid inadvertently facilitating money laundering or supporting organised crime. As we enter 2023,…
Read MoreHow automated litigation support is a game-changer for law firms
Automated litigation support frees lawyers from spending excessive time on repetitive tasks, so they can focus on practising law Some 65% of legal departments have seen the volume of legal work handled by their team increase in the last year, according to Thomson Reuters’ seventh Legal Department Operations Index, released in October. But, despite higher…
Read MoreTech glossary: Xapien’s jargon buster
A glossary of some of the buzzwords in the field of machine learning and Artificial Intelligence Every sector has its own unique language, full of buzzwords and acronyms. As a B2B (Business to Business) deep tech company that serves a diverse range of markets and industries, we’re having to learn new jargon all the time.…
Read MoreHow intelligent software is transforming legal client intake
Law firms are saving time and increasing efficiency with AI In this article, we dig in to how legal client intake is evolving, and the best software available today. Automation and intelligent software have transformed almost every industry, from agriculture to banking to shipping. It is now transforming the legal sector, despite the industry’s reputation…
Read MoreWhy law firms need better client intake software
Due diligence on potential clients is a vital yet time consuming task for law firms. Using the right software reduces costs and gives a competitive edge The client intake process is an unbillable yet time consuming task for law firms. Despite the resources that are invested in client due diligence, 53% of lawyers do not…
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