![]() ![]() Programs built on the platform are used by insurance companies, large asset managers, lenders, investment banks, and Exiger, the world’s largest regulatory compliance consulting firm. OutsideIQ’s computing platform emulates a researcher analyzing enormous amounts of data, and can be trained in functions such as underwriting. They declined to provide financial details. ![]() The partnership with Ariba, a subsidiary of German software giant SAP, is set to be unveiled later this month, the companies said in interviews this week. To open CSN, Ariba has inaugurated the Network Connect program, and has already gotten commitments. OutsideIQ’s software can do 80 percent of the error-prone work done by humans for a few dollars or tens of dollars in minutes instead of days, OutsideIQ founder and Chief Executive Dan Adamson said. Lawson Software will develop an e-procurement portal. TORONTO (Reuters) - OutsideIQ, a Canadian startup which uses cognitive computing to analyze data, is partnering with the world’s largest business commerce network, SAP Ariba, to help corporations quickly screen vendors for risk and regulatory compliance, they said.Ĭompanies spend a significant portion of their budget on meeting regulatory requirements.
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