Xapien partners with Dow Jones Risk & Compliance to bring Generative AI to due diligence
Integrity Check combines Dow Jones’ data and Xapien’s cutting-edge NLP and GenAI technologies, to reshape risk management.
Dow Jones Risk & Compliance today unveiled its industry-leading AI-powered research platform which integrates Dow Jones’ Risk & Compliance data set with our cutting edge AI. This new capability enables organizations to build a comprehensive, executive-level due diligence report in as little as five minutes. The new offering is set to reshape compliance workflows, creating an additional layer of investigation that can be deployed at scale.
Dow Jones Integrity Check is a fully automated solution that harnesses our cutting-edge generative AI, natural language processing (NLP) and entity resolution technologies to extract and summarise vast volumes of information into intuitive reports that are quick and easy to digest. The platform significantly reduces false positives, saving compliance professionals valuable time and resources.
The tool is designed with regulatory guidance in mind, incorporating proactive safeguards against hallucinations and continuous product review to ensure trustworthy, unbiased results. The outputs are fully sourced and auditable, with links to the original articles and records for further interrogation.
“The launch of Dow Jones Integrity Check illustrates AI’s potential as a force for good in the global fight against financial crime,” said Joel Lange, EVP and GM, Dow Jones Risk & Research. “Reducing the amount of time needed to run a background check from days to minutes will transform the way compliance teams approach due diligence, ultimately providing greater transparency and assurance on who they are doing business with. Together with Xapien, we are pioneering the future of risk mitigation, harnessing GenAI and other emerging technologies responsibly to facilitate smarter, faster decision-making.”
“We’re delighted to partner with Dow Jones to bring AI-powered due diligence to a broader market,” said Chris Green, co-founder and CEO of Xapien. “Dow Jones Integrity Check is more than just a compliance tool. It’s a strategic asset that enables businesses to operate with greater integrity, transparency, and efficiency. The combination of Xapien’s AI and Dow Jones’s world-class data set offers a level of insight and agility that existing tools and manual processes cannot match. This innovation enables anytime due diligence, revolutionizing business-compliance dynamics and empowering clients to strategically direct their efforts. Together, we’re changing the status quo of slow, labour-intensive due diligence.”
About Xapien
Founded by deep technology experts with decades of experience in intelligence and financial crime, Xapien applies cutting-edge artificial intelligence and natural language processing to deliver on-demand research for businesses seeking to truly understand their counterparts.
Xapien’s SaaS platform is transforming how the world deals with third parties. It enables anyone to know who they are in business with, a capability available until now only to organizations with significant resources.
For more information visit www.xapien.com or follow us on LinkedIn
Press Contact
Jessica Denny
About Dow Jones
Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world’s largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America’s largest newspaper by paid circulation; Barron’s, MarketWatch, Mansion Global, Financial News, Investor’s Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).
Press Contact
Louise Goodenday
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