
28 August 2023 • 3 minute read
DLA Piper partners with Reveal to launch AI-powered solution to detect corporate bribery
- New offering slashes the time spent on investigations and compliance reviews
- Faster, more effective and better value than traditional technology assisted and manual reviews
- The custom-built model is powered by Reveal’s end-to-end platform, which uses adaptive AI and behavioural analysis
DLA Piper today announces the launch of Aiscension Bribery, an AI-enabled service designed to detect bribery risks within corporations. It revolutionises the way risks are found by marrying DLA Piper’s legal know-how with cutting-edge AI technology from Reveal, a leading provider of AI-powered e-Discovery software.
Being found guilty of bribery and corruption pose a serious threat to an organisations operations. Fines can often reach into the hundreds of millions of pounds/dollars and the potential damage to reputation can be unquantifiable. Over the past five years the total value of publicly announced fines were in excess of EUR12 billion - only the tip of the iceberg given that many fines are settled out of court and go unannounced. Given the high levels of risk involved it is essential that organisations have preventative measures in place and conduct regular reviews, which are both time consuming and often expensive.
Aiscension Bribery allows investigations or compliance reviews to be run 10 times faster, more accurately and cost effectively than any other option. The AI also triangulates data in ways human reviewers can’t and identifies patterns and anomalies in vast amounts of textual data. It can also analyse data in over 100 languages.
The AI software is trained by DLA Piper lawyers to detect the key forms of bribery behaviour including the giving or receiving of a bribe, circumventing internal procedures, kickbacks and facilitation payments. This custom-built model is powered by Reveal’s end-to-end platform, which uses adaptive AI and behavioral analysis.
Brian Hunt, Legal Director at DLA Piper Ireland comments: “At DLA Piper, we have sought to harness the use of AI in a way that can bring real benefits to our clients. White-collar crime is becoming more common in Ireland, and the potential reputational damage to a business if faced with an allegation of bribery is significant. Aiscension Bribery can be deployed by firms to proactively identify and detect potential conduct of concern. Aiscension Bribery utilises the power of AI to analyse vast amounts of data in order to unearth potential and real breaches. This frees up time for our lawyers to give strategic advice and for clients to implement preventative measures.”
Wendell Jisa, Founder & CEO of Reveal, added, “By combining DLA Piper's deep legal knowledge with Reveal's leading AI technology, we’ve created a solution that slashes investigation and compliance review times while enhancing accuracy and cost-effectiveness. Our AI software, trained by DLA Piper lawyers, identifies patterns and anomalies in vast amounts of textual data, to detect bribery behavior and allow organizations to proactively address bribery risks, protect their operations, and safeguard their reputation.”