Private Equity · Pre-Deal

Due Diligence

The greatest risks in a data room are not in any single document. They are in the contradictions between documents. A construction schedule and a revenue model. A management account and a disclosure letter. Standard review processes are not designed to catch what is mutually contradictory across hundreds of files.

We run adversarial verification across 100% of the data room before any synthesis begins. Every contradiction is surfaced and must be accounted for. The IC first draft is generated in the same session, structured to your format, traceable to source.

What you receive
  • Full-coverage contradiction analysis across the data room
  • Prioritized risk register with source citations
  • IC memo first draft, structured to your committee format
  • Cell-level audit trail from finding to source document
Live Finding
71% → negative
Projected IRR, destroyed
9 months
Hidden exposure window

A 9-month gap between construction completion and revenue commencement: invisible to standard review, visible to adversarial architecture. Confirmed before capital was committed.

Portfolio Management · Ongoing

Portfolio Monitoring

Quarterly reports tell you what happened. By the time covenant drift or credit stress appears in a report, the window to act has often closed. You need to know what is developing, across the full portfolio, not just the positions your team has flagged.

We build continuous surveillance across your portfolio, ingesting management accounts, covenant schedules, and operational data as they arrive, surfacing leading indicators before they become problems.

What you receive
  • Continuous alerts on covenant drift and credit stress signals
  • Cross-portfolio view updated as new data arrives
  • Structured monitoring reports for IC and board review
  • Full audit trail of every alert and its data source
Banking & Credit · Underwriting

Credit Underwriting

Credit decisions require structured analysis that a credit committee can interrogate and a regulator can audit. Generic AI tools produce confident-sounding summaries that cannot be traced to source, creating institutional risk rather than reducing it.

We build credit analysis infrastructure calibrated to your underwriting standards, structured to your credit committee format, with every assertion traceable to the underlying data.

What you receive
  • Structured credit analysis built to your committee format
  • Risk identification with source citations across all input documents
  • Covenant and condition summary with cross-document verification
  • Full audit trail for regulatory review
Public Case · Anonymised
$4bn+
Undisclosed debt, missed by audit
FTSE 100
Audited without detection for years

Supplier financing structured as trade payables. Related-party transactions arranged to avoid balance sheet recognition. Inconsistencies between facilities disclosed to lenders and those disclosed to auditors. The mechanisms were visible to an architecture designed to look for them.

Compliance · KYC / AML

KYC Review

KYC reviews require tracing beneficial ownership through complex corporate structures, spanning jurisdictions, entities, and document types that do not always tell the same story. Standard processes rely on analysts manually cross-referencing documents that were never designed to be compared against one another.

We apply the same adversarial cross-document methodology to ownership and compliance review, surfacing inconsistencies in disclosed structures, flagging documents that contradict each other, and producing a fully traceable output built to satisfy compliance requirements.

What you receive
  • Beneficial ownership mapping with full source trail
  • Cross-document inconsistency flags across disclosed structures
  • Structured output built to your compliance team's format
  • Full audit trail for regulatory review

These are the workflows where we are building first, not the boundaries of what we can build. If your workflow is not listed, that is the conversation we want to have.