IMDDA partners with Intelligo, leader in AI-driven background checks
NEW YORK, NY (September 12, 2019) — The Investment Management Due Diligence Association (IMDDA), an exclusive investor-based organization dedicated to the professionals who perform investment and operational due diligence, today announced a new program giving its members access to background checks provided by Intelligo, a pioneer and leader in comprehensive, technology-driven background checks.
This new IMDDA member-only program provides access to Intelligo’s platform, Clarity, which leverages a combination of AI and human intellect to enhance the quality and depth of background checks. Intelligo Clarity far surpasses ponderous traditional background reports by vastly increasing sources reviewed, reducing report generation time, eliminating tedious paperwork with online SaaS reporting, and cutting error rates — all provided with highly attractive economics.
“IMDDA is committed to helping members implement best practices throughout the due diligence process,” said Andrew Borowiec, Executive Director of the IMDDA. “Using Intelligo Clarity, IMDDA members around the globe can now save time and cut costs while at the same time boost background check quality and insights.”
According to Intelligo CEO Shlomo Mirvis: “We are driven by the vision of helping due diligence professionals gain full transparency before they enter and while involved in a deal. Our ultimate goal is to create a culture of trust, and we have built our technology to dive deep into the data and draw advanced connections so we can unearth every bit of information that can help your decision-making process and avoid unpleasant surprises.”
Participating IMDDA members will now be able to draw upon Intelligo’s ground-breaking Clarity system features including:
Data Scope – Using technology to search and evaluate thousands of data sources, improving the depth and quality of background checks.
Analysis of Data – User friendly, interactive report that highlights critical information with flags to enhance context and analysis.
Delivery Time – Background checks ready within 3 business days.
Removing Human Error – Never sleeps, eats or takes a sick day, powered by AI and ML ensuring reports are completed at the highest quality, every time.
Central Hub – From submitting a new background check to sharing information, easy to use, review, and collaborate with colleagues.
For more information, https://knowledge.intelligo.ai/imdda_partnership
About Intelligo
Intelligo Clarity is the only end-to-end SaaS platform that leverages AI to tackle the complexities that often define the background check component of the investing and hiring processes. Intelligo Clarity’s proprietary technology leverages AI to sift through millions of records, analyze disparate data points, and determine patterns that produce comprehensive background checks, which are coupled with the human touch. Intelligo has clients across the financial sector including Investment Banks, Private Equity Firms, Investment Consultants, Hedge Funds, Allocators, and more. For more information, visit https://intelligo.ai
About Due Diligence and the IMDDA
Due diligence is an investigation or audit of a potential investment to confirm facts, such as reviewing financial records, trading / investment strategies, operations, compliance and adherence to regulation. Due diligence refers to the care a reasonable person should take before entering into an agreement or financial transaction with another party. Operational Due Diligence (ODD) gathers, analyzes and (to a degree) verifies information relating to operational risks. Investment Due Diligence (IDD) is typically carried out by potential investors to consider investment functions.
Founded in 2015, the Investment Management Due Diligence Association® (IMDDA) is the only international investor-centric organization dedicated exclusively to due diligence professionals. The IMDDA’s mission is to work with the investment management community to set the standards for due diligence globally. Through its professionals-only membership, seminars, web site, customized educational training and Chartered Due Diligence Analyst (CDDA) certification program, the IMDDA provides a forum for interaction among peers to share ideas and learn from each other while developing extensive curriculum and standards for due diligence professionals.
