Case Study: Hopehead cuts due diligence from 4 hours to 40 minutes with Xapien

Due diligence shortened from 4 hours to 40 minutes for more focus on strategy

Hopehead, a risk consultancy, faced a time-consuming and challenging due diligence process. Their team manually searched the open web to research individuals for clients, a task that took up to four hours and carried the risk of missing crucial information. They employed various databases and tools that lacked context, making it difficult to efficiently piece together a complete picture.

By implementing Xapien's on-demand research tool, the consultancy automated the retrieval and organization of open-source data. This solution from Xapien cut their research time from 4 hours to just 40 minutes, saving about three-quarters of the time previously required. This efficiency allows the Hopehead team to focus on analysis and providing strategic recommendations rather than manual searching.

Hopehead

Wil James

Partner