Posts Tagged ‘Legal’
Why law firms use Xapien to strengthen KYC checks
Law firms are trying to balance effective risk management with an efficient client onboarding process.
Read MoreKaurMaxwell
Customer success story Conducting KYC checks through a broader risk lens Subscribe to our guides “Xapien’s advanced search capabilities go beyond databases and information provided by clients, which ensures regulatory compliance.” Mandeep Kaur Virdee, Founder & CEO, KaurMaxwell The challenge KaurMaxwell needed a research tool to strengthen its KYC checks. While its lawyers already conducted…
Read MoreLegal client intake: How AI is helping firms do better
In the first quarter of 2024 alone, the SRA made over ten decisions on AML breaches, resulting in fines of up to £170,000.
Read MoreWhere Xapien fits into the client onboarding process
Law firms are trying to balance effective risk management with an efficient client onboarding process.
Read MoreWhy due diligence is a priority for organisations in 2024
Getting the business case right for a new AI tool is key.
Read MoreWhy Customer Due Diligence will be AI-powered
Conducting full due diligence on each client is time-intensive. This is becoming especially true as jurisdictions implement increasingly idiosyncratic policies.
Read MoreHow law firms are billing clients faster with AI
We often talk about how analysts using AI can save time by getting an upfront view of a client’s risk profile.
Read MoreWhy the UK’s strong regulatory reputation can accelerate AI adoption
With its strong reputation for high-quality regulators and a strong approach to the rule of law, the UK is in a good position to benefit from AI development.
Read MoreLaw firms under pressure from KYC to truly know clients
With the pressure lawyers are put under from KYC to truly know their clients — not just tick-boxing — they need support.
Read MoreHow law firms are merging Initial Due Diligence into onboarding with Xapien
Law firms choose Xapien as an onboarding mechanism, either at the beginning or end of their onboarding process to get an upfront view of a client’s risk profile, which once took analysts hours.
Read More