How law firms are merging Initial Due Diligence into onboarding with Xapien

Key takeaways

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.

It offers a quick view of what information is available about a company or individual, saving analysts time during the initial research phase. This is particularly valuable in industries like financial services and legal services, where demonstrating due diligence and evidencing research to the regulator is necessary.

With Xapien, users can assess in minutes whether a company operates in a regulated industry, identify risk flags, and make decisions accordingly. It allows for a quick differentiation between workflows, streamlining the process for clients with varying risk profiles.

Want to learn more about Xapien and how we do it? Book a call with us here.