DeepDive has recently introduced an AI platform designed to assist AML compliance teams and financial crime investigators conducting EDD (Enhanced Due Diligence) and related investigations.

Features of DeepDive’s AI Platform

This new tool enables compliance professionals and investigative teams to explore open-source data, such as public records, corporate filings, court documents, news archives, social media profiles, PEP (Politically Exposed Persons) lists, sanctions, and watchlists. Through the integration of search tools, natural language processing, entity resolution, and generative AI, DeepDive enhances EDD research by offering access to diverse resources in multiple languages.

The platform processes various sources simultaneously, generating EDD reports that can be reviewed based on timeline, alert type, and risk category. This functionality reduces the need for investigators to manually sift through search results or cross-reference information. Additionally, a built-in chatbot allows users to delve deeper into data analysis, supporting more informed decision-making regarding potential risks.

DeepDive also optimizes EDD by creating multiple search variations across both public databases and targeted compliance data sets in relevant languages and local search engines. After assembling a dataset for analysis, entity resolution ensures the accuracy of information by eliminating false positives. Subsequently, generative AI tools are used to create structured intelligence reports complete with full citations and an audit trail.

The comprehensive DeepDive report encompasses personal background, legal issues, financial health, compliance history, and key relationships, providing insights into known associates, locations, company affiliations, political connections, and any history of criminal activity. This structured data is ready for immediate analysis.