Audit
Auditing is highly labor intensive, and as a result prone to error. BlackSwan Technologies’ ELEMENT™ allows digitizingboth operational and audit processes, thereby reducing errors, increasing governance, minimizing corporate risks, and increasing operational excellence.
By constantly monitoring business operations, the system is capable of learning the interdependencies between the various entities involved in these operations, and as a result detecting potential influences, and highlighting points of failure.
The system deep learning enables even more intrusive processes, supporting a variety of Forensic Accounting processes, as well as Enhanced Due Diligence of exposed and hidden companies.
ELEMENT™ based applications, relevant to this domain includes:
- Market Intelligence – Autonomously evolving index of unlisted companies, allowing organizations to learn about supplier, customers and competitors, in order to support cardinal processes such as M&A, competitive landscape analysis, and more Read More
- ELEMENT™ of Trace – This forensic accounting application allows tracing assets hidden in piles of data, and support their recovery Read More
- ELEMENT™ of Compliance – Allows auditors to abide to regulatory requirements such as KYC Read More
- ELEMENT™ of Risk – Detecting and quantifying different aspects of risk related to audited organizations, recommending policies for risk mitigation, and promoting offerings to address them Read More
- ELEMENT™ of EDD – ELEMENT™ provides the tools for understanding of customers, their assets, and related entities. Read More
ELEMENT™ of Compliance
Designed to encompass the entire compliance process, addressing regulations including Know Your Customer (KYC), Anti Money Laundering (AML), Counter Terrorism Financing (CTF), Screening (Economic Sanctions, PEP) and General Data Protection Regulation (GDPR), while 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.
Trade Intelligence
Generate deep and accurate profiles on targeted individuals and organizations, to monitor their reputation, mitigate risks and leverage business opportunities.