Audit
Digitalise your audit processes and minimise reputational risks
BlackSwan’s ELEMENT™ enables audit committees and teams to digitise their processes, thereby reducing errors, minimising reputational risks and enhancing governance. Using ELEMENT, enterprises can evaluate business practices and policies, monitor the efficiency of business processes, increase information and decision transparency, ensure regulatory compliance, and standardise accountability mechanisms.
Our award-winning knowledge graphs and Gartner-recognised AI technologies construct profiles of your organisation and its key stakeholders such as partners, investors, customers, and employees. Organisation profiles include information about financial activities, governance structures, and corporate risk factors. With this information, ELEMENT can automate the delivery of financial reports. Crucially, ELEMENT understands which data sources to prioritise over another based on the quality of the information, ensuring that financial statements and reports are accurate.
Natural language processing, machine learning, and deep learning algorithms are used to analyse profile information and generate audit reports. Corporate documents are also examined to uncover inefficient processes, resource misuse, decision inefficiency, and policy gaps.
Why BlackSwan?
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Advanced Market Intelligence
Build 360-degree profiles of competitors, customers, partners, and investors to perform competitive analysis, discover current and future market trends, and uncover technologies, locations, and sectors with growth potential. Learn More
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Intelligent Asset Tracing
Identify and locate tangible and intangible assets that have been misappropriated by building networks of entity profiles and inferencing the data to uncover hidden associations and generate reports that are admissible to regulators. Learn More
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Robust Regulatory Compliance
Comply with KYC, AML, and other regulatory obligations by constructing networks of clients, beneficial owners, and counterparties; and orchestrating information about them to uncover hidden relationships and suspicious activities. Learn More
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Sophisticated Risk Management
Assess multiple dimensions of risks with investors, employees, customers, and suppliers – as well as financial activities. Analysing Learn More
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ELEMENT™ of Compliance
Delivering an end-to-end financial crimes compliance process and leveraging advanced AI, this application addresses requirements for Know Your Customer, Anti-Money Laundering, Anti-Fraud, Watchlist Screening, Adverse Media Monitoring, and Transaction Monitoring & Intelligence, while dramatically increasing operational efficiencies.
E-Discovery
A complete framework to support the identification, preservation, collection, processing, review, analysis and production of digital data in order to sustain mission critical business processes.