By combining the comprehensive watchlist and sanction data from corporate risk profiles, firms can conduct more thorough risk assessments. This includes identifying politically exposed persons (PEPs), adverse media mentions and potential financial red flags.

Integrating with time and expense tracking software streamlines time entry, expense reporting and billing processes, reducing manual data entry.

Integrating with HR and payroll systems ensures that employee information is synchronised, making it easier to manage personnel records, payroll and benefits.

Many financial institutions and law firms require robust regulatory compliance and due diligence processes to meet Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.

Organisations can set up automated monitoring of customer profiles and entities, utilising corporate data to detect changes in financial stability or corporate structure that may impact compliance status.

IDS revitalises traditional legal systems by infusing them with AI-powered capabilities. This transformation enhances traditional workflows with natural language processsing capability. By deploying AI, IDS not only boosts efficiency and accuracy in operations such as document analysis and case prediction but also enables firms to proactively address client needs and optimise legal outcomes, effectively bringing traditional systems into the modern age.