Diligent

Diligent can automate tasks such as conducting risk investigations on legal entities, reviewing customer documents such as registry extracts and proofs of address, and reducing false positive alerts from Anti-Money Laundering systems.

Diligent optimizes risk investigations on legal entities by using AI and large language models to automate and enhance the process of due diligence. This includes analyzing the nature of business, industry classification, address analyses, website reviews, and online presence risk signals.

Yes, Diligent can review customer documents such as registry extracts and proof of addresses. It can verify business information and instantly validate these customer-uploaded documents, reducing onboarding friction.

Diligent helps reduce false positive alerts from AML systems by automatically investigating alerts from existing Sanctions/PEP/Adverse Media systems. It uses AI to identify and remediate false positives, significantly reducing the time spent on unnecessary investigations.

Diligent adheres to specific workflows and policies by using large language models to automate level one tasks. It follows your specific procedures and leaves an audit trail, eliminating the risk of non-compliance in fraud and AML teams' operations.