AI Integrations Combined with Kroll's Deep Knowledge and Global Resources to Enhance Client OfferingsNEW YORK, Dec. 5, 2017 — (PRNewswire) — Kroll ("the Company"), a global leader in risk mitigation, investigations, compliance, cyber resilience, security, and incident response solutions, today announced it has partnered with data science consultancy Sigmoidal as its artificial intelligence (AI) technology partner for Kroll's Due Diligence and Compliance suite of services. Together with the Company's deep knowledge, global resources, and wide-ranging compliance offerings, the integration of AI into Kroll's proprietary technology reflects the Company's commitment to continuous innovation and process improvements in support of compliance professionals worldwide.
"Organizations today are under extraordinary pressure to meet expanding regulatory mandates. The seemingly endless torrent of disparate sources, types, and volumes of available information further complicates the challenge. Kroll will use AI to facilitate and continuously refine our rigorous and comprehensive search processes; this in turn will optimize our ability to provide clients with highly relevant information and meaningful context in the most timely way possible," said Steven Bock, Managing Director and Head of Operations and Research with Kroll's Compliance practice. "Sigmoidal emerged as our AI partner for its innovative, robust, and scalable capabilities – as well as strong customer-centric philosophy – to deliver on the complex and evolving needs of our clients worldwide."
"Artificial intelligence is the catalyst that gives humans more time to do what they do best – think creatively," said Mariusz Kierski, CEO of Sigmoidal. "We are pleased to partner with Kroll and its world-class team of distinguished analysts and investigators to take artificial intelligence to the next level for its clients. By leveraging Kroll's deep research expertise and decades of fieldwork, we will continually refine Kroll's artificial intelligence capabilities to help provide curated insights faster than ever before. The ultimate goal is to rapidly provide Kroll's team with a comprehensive and relevant baseline data set, enabling analysts to focus more on adding valuable context and insights that matter most to clients."
Kroll is the leading global provider of risk solutions. For more than 40 years, Kroll has helped clients make confident risk management decisions about people, assets, operations and security through a wide range of investigations, cyber security, due diligence and compliance, physical and operational security and data and information management services. Headquartered in New York with more than 35 offices in 20 countries, Kroll has a multidisciplinary team of nearly 1,000 employees and serves a global clientele of law firms, financial institutions, corporations, non-profit institutions, government agencies and individuals. For more information visit www.kroll.com.
Sigmoidal is a data science and machine learning consultancy that helps businesses automate data and text processing using data analytics and artificial intelligence, with a global clientele spanning hedge funds, financial institutions, military, and autonomous drone companies. Sigmoidal's staff of AI researchers, engineers, and data analysts brings experience from working with technology companies, such as Microsoft, Google, and NVIDIA, management consulting firms, such as McKinsey and PwC, and government agencies. For more information, visit sigmoidal.io.
This press release may contain "forward-looking statements." These forward-looking statements include, but are not limited to, statements regarding the Company's performance and growth, and other non-historical statements. Forward-looking statements identify prospective information. Important factors could cause actual results to differ, possibly materially, from those stated in the forward-looking statements. In some cases you can identify forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "predict," "potential," "should," "will" and "would" or the negatives thereof, variations thereof or other similar words. You should read statements that contain these words carefully because they discuss the Company's future priorities, goals, strategies, actions to improve business performance, market growth assumptions and expectations, future business opportunities, capital expenditures, financing needs, financial position and other information that is not historical information or state other "forward-looking" information. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which, such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements.
View original content with multimedia: http://www.prnewswire.com/news-releases/kroll-brings-power-of-artificial-intelligence-to-compliance-solutions-partners-with-sigmoidal-300566696.html
Kroll (U.S. Contact), Nicole Cueto, 212-833-3481
Email Contact Media Contact: Infinite Global, Ada Oni-Eseleh, 646-685-8075