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Exiger Acquires Convergent Solutions to Expand Data-Driven Solutions for Federal Government
Tuesday 13 August 2019

13 August 2019 - New York, US-based Exiger, a provider of technology enabled solutions in financial crime and risk compliance, has acquired Washington, US-based Convergent Solutions Inc., a provider of intelligence analysis, cybersecurity and national security solutions to the Federal government, the company said.
Terms of the transaction were not disclosed.
Combined with Convergent, Exiger will expand the deployment of its proprietary AI products to more effectively solve the Federal government's most complex, data-driven challenges.
Exiger's technology-based solutions augment complex mission-critical programmes with purpose-built AI, enabling federal agencies to realise transformative improvements that yield actionable results and cost savings.
Exiger is the global authority on financial crime and risk compliance introducing technology-enabled solutions to the market's biggest compliance challenges.
Powering its advisory, diligence and government services solutions, Exiger has developed purpose-built technology –DDIQ and Insight 3PM, trained and deployed by its subject matter experts to accelerate the auditability, efficiency, quality and cost effectiveness of clients' compliance operations.
Details
Date Published: 13/08/2019
Target: Convergent Solutions Inc
Country: USA
Sector: IT/Online Services
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Exiger
Comment:
Terms of the deal were not disclosed

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