Posts Tagged ‘Legal’
Recap of the KYC and AML landscape in 2023, and what’s next for 2024
We’ll explore the KYC and AML shifts that took place in 2023 and what to expect from the landscape in 2024.
Read MoreFrom CDD to EDD: AI’s role in every level of due diligence
Performing due diligence is time-consuming. Even when the time and resource needed is understood to be a necessary part of a compliance team’s workload, there are often knock-on effects which are less easy to stomach.
Read MoreWhat law firms need to know about RegTech
RegTech, short for Regulatory Technology, refers to technology that solves the regulatory and compliance challenges faced by organisations. But what does it mean for law firms?
Read MoreHow Xapien’s AI due diligence software works
Xapien is an AI tool that handles manual research, analysis and report writing, freeing up teams’ time to focus on serving clients better. It automates in-depth research, covering the entire process from initial search to summarising insights in a final report.
Read MoreWhat could you achieve with an automated research analyst?
Online insights about your counterpart can be fundamental to winning new business, serving your clients with the best supply chain, or mitigating risks related to fraud and money laundering.
Read MoreThe role of ethics committees in legal firms, and the need for nuanced insight
While the SRA’s Code of Conduct does specify ethical values to guide decisions, and emphasises that ‘public interest’ should be prioritised, there are nonetheless situations where it’s unclear how to fulfil these ethical obligations.
Read MoreHow AI improves reputational due diligence
Performing reputational due diligence emerged in the 2000s… so why in 2024 should organisations be reviewing and improving their approaches?
Read MoreHow to gain trust in AI for background research
AI is no longer the future – it’s here. In the domain of research and due diligence, it’s causing a paradigm shift. Manual tasks are giving way to automation, and insights about individuals and companies, previously concealed within online articles, are more accessible than ever.
Read More5 use cases for RegTech in the legal industry
In today’s fast-evolving regulatory landscape, legal firms need to work at speed, processing large volumes of data to maintain compliance. It’s no simple task.
Read MoreWhat are Large Language Models, and how does Xapien use them?
Large Language Models (LLMs) are advanced computer programs that understand and generate human-like language. They can read, write, and understand text in a way that’s almost like how we do.
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