Exiger, a global leader in technology-enabled regulatory, financial crime, risk and compliance solutions, acquired Convergent Solutions Inc., a business specializing in the delivery of intelligence analysis, cybersecurity and national security solutions to the Federal Government.
The amount of the deal was not disclosed.
Led by Adam Lurie, CEO, Convergent Solutions is a proven federal contractor with a track record of delivering technical solutions, data analysis and security support to its customers. It will operate as a wholly-owned subsidiary and expand Exiger’s client footprint across the Federal Government, including the Department of Defense, the intelligence community, and civilian agencies.
Led by Michael Cherkasky, co-founder and Executive Chairman, Exiger provides technology-based solutions that augment complex mission-critical programs with purpose-built AI, enabling federal agencies to realize improvements that yield actionable results and cost savings.
DDIQ, the AI-based automated vetting and continuous monitoring platform, offers federal agencies an auditable tool to conduct consistent due diligence, accelerate the speed of analytics in their mission and transform data into actionable intelligence. The company’s third-party management platform Insight 3PM leverages DDIQ to help federal agencies streamline supply chain risk management and vendor oversight.
Exiger Intelligence, a data analytics and eDiscovery solution, uses cognitive computing and natural language processing to accelerate and automate decision making in document and financial records review.
The company operates in six countries and eight cities around the world, including London, New York City, the Washington, D.C. metro area, Toronto, Vancouver, Bucharest, Hong Kong and Singapore.