Carrick-backed Exiger buys Convergent Solutions
Summary
Programs such as the continuous vetting of cleared personnel, law enforcement and litigation investigations, vendor due diligence, and supply chain risk analysis are consistently challenged with analyzing and interpreting massive volumes of information. DDIQ, the AI-based automated vetting and continuous monitoring platform, offers federal agencies a fully auditable tool to conduct consistent due diligence, accelerate the speed of analytics in their mission and transform data into actionable intelligence. “Pairing Exiger’s AI-powered products and expertise with Convergent’s capabilities, customer intimacy and subject matter experts gives us unique advantages when delivering on the Federal Government’s technology objectives,” said Adam Lurie, the CEO of Convergent Solutions. Exiger is changing the way banks, corporations and governmental agencies fight financial crime by combining industry expertise and artificial intelligence to root out bribery, corruption, sanctions violations, money laundering and terrorist financing. Powering its Advisory, Diligence and Government Servicessolutions, Exiger has developed purpose-built technology –– DDIQ and Insight 3PM –– trained and deployed by its subject matter experts to accelerate the auditability, efficiency, quality and cost effectiveness of clients’ compliance operations.