Xapien partners with ComplyAdvantage to provide next generation due diligence for institutions

27th April 2022 | Member News, News


Xapien, a deep-technology company which uses artificial intelligence and cutting edge natural language processing to transform online research today announced their partnership with ComplyAdvantage, a data technology company enabling financial crime detection through embedded risk intelligence.

The combination of ComplyAdvantage’s award-winning anti-money laundering (AML) data and Xapien’s next generation research platform delivers a ground-breaking due diligence solution to the market at a time when there is a heightened need for a deep understanding of sanctioned parties or PEPs.

“Our two companies are united in their objective to provide rapid, accurate insight that enables clients to onboard the right customers, faster,” said Shaun O’Mahony, Co-founder of Xapien. “As we continue to serve our diverse customers, many of whom are under intense pressure to respond to fast-moving sanctions regulations, it’s vital that we support them with comprehensive, real-time international risk data.”

ComplyAdvantage offers real-time counter risk intelligence using advanced artificial intelligence techniques to help regulated organisations manage their risk obligations and prevent financial crime.  The company’s real-time insights across sanctions, watchlists, and politically exposed persons will complement Xapien’s deep-tech enabled contextual reporting

By combining structured and unstructured data sources with cutting-edge natural language processing capabilities and graph technologies, the partnership will enable clients to go beyond tick-box compliance.

AI-led disambiguation, verification and risk classification will empower businesses to better serve a wider range of customers and analysts to focus only on genuinely risky entities and individuals.

“Xapien is a great example of a fast-growing company that needs access to the latest data that can keep pace with the company’s service innovation and customer expansion,” said Charlie Delingpole, founder and CEO of ComplyAdvantage. “Meaningful counter risk intelligence is about the discovery of unknown threats in real-time and with the greatest amount of accuracy.  The team at Xapien understands that the right data essential to build a full and fair picture of your subject.”

The scalable cloud-based platform is designed to integrate seamlessly into any compliance process.

About Xapien

Xapien uses Artificial Intelligence and Natural Language Processing to fully automate background research on any individual or organisation.
Xapien works across the globe in over 100 different languages and character sets. It consistently produces knowledge that you can make decisions on, backed by a full audit trail.Simply enter the name of any individual or organisation and press Go.
Xapien will read and analyse millions of online corporate records, shareholder data, media and news articles on your behalf.
In a few minutes, it will deliver a concise, meaningful report that highlights personal and professional affiliations, risks, and networks, set in context.
Xapien provides a competitive edge, saves client costs and reduces outsourcing by building rapid, thorough and comprehensive internal research capacity.
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