Xapien newsletter — May 2024
Welcome to Xapien's monthly newsletter featuring articles and insights from the team 🗞️
Next webinar
On June 19, we'll discuss how prospect researchers can prepare for AI in their role with Claire Miller from Save the Children and Suzie Stephens from The Prospect Development Company. We'll explore how AI could make prospect researchers more valued for their experience and why skills to use AI should be part of L&D.
Guest expert
Chris Connew, from Queen Mary University of London, explains the importance of early due diligence and having a holistic overview of a prospect and their motivations. He also talks about how early due diligence can prevent fundraisers from getting too far into cultivation or fundraising discussions before realising the institution must backtrack when risks are flagged further down the line.
Industry perspective
Firms often delay due diligence until they're confident a deal or opportunity will progress. But is that the smartest approach? All too often, firms invest significant sales and onboarding time, only to have the compliance team pull the plug. Our CEO, Chris Green, spoke with Dow Jones Risk & Compliance about how early due diligence changes the dynamic between compliance and the business.
Recently published
Recommended by LinkedIn
Nonprofits face a complex set of decisions when accepting donations. Understanding the donor's background and intentions allows an organisation to proceed with clarity. But, situations aren't always that clear-cut. Some donations fall into a grey area, which is where your due diligence policy comes in.
Traditionally, firms screen all their third parties and reserve enhanced due diligence for a smaller, higher-risk subset. However, globalised supply chains and regulatory pressure on managing third-party risk means firms must decrease that threshold to scrutinise all third parties more closely. This has created significant opportunities for sophisticated automation tools.
What our customers say
Product update
We recently introduced Media Timelines to our reports: AI-generated summaries of news stories about your subject. Our AI removes duplicated content and shows only relevant news for a more intuitive approach to adverse media screening. Why not book a demo to see it in action?
👋 Thanks for reading this month! Want more? We publish insights weekly to our resources hub here.