How they describe themselves: OutsideIQ is the leader in due diligence cognitive computing. OutsideIQ brings together some of the world’s foremost experts on search with the best data scientists, big data professionals and software engineers to solve the complex problems of search for due diligence. Leveraging a proprietary approach to research that combine automated data discovery with the data interpretation abilities that emulate a human researcher, OutsideIQ is changing the way that financial services industries vet their customers and handle their complex compliance requirements.
How they describe their product/innovation: DDIQ is a risk-based cognitive computing product that combines automation with the skills of a human researcher to uncover and analyze regulatory risks of a subject that are not found using current techniques. DDIQ enables financial institutions, investment firms and Fortune 1000 companies to mitigate risk and meet the increasing demands of regulators to automatically and constantly screen all available public data about your subject while preparing auditable reports.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms