Castle Hall Introduces DiligenceAI to Revolutionize Due Diligence in Finance

Castle Hall Diligence has launched DiligenceAI, a mobile app integrating artificial intelligence into financial due diligence processes. This innovative tool focuses on operational, cyber, and ESG diligence by introducing Know Your General Partner (KYGP) and Know Your Service Provider (KYSP) models.

Anne Coady, Managing Partner at Castle Hall, emphasized the app's ability to augment the speed and accuracy of due diligence, enhancing risk assessment and investment outcomes. Similarly, Chris Addy, the CEO, highlighted that DiligenceAI would significantly add efficiencies and accuracies to the due diligence operations, offering a more cost-effective solution than traditional methods.

The app provides immediate, AI-generated insights into over 20,000 asset managers and almost 100,000 funds through the KYGP feature, and enables thorough due diligence on nearly 10,000 service providers with KYSP, aligning with tightened global regulations.