A Toronto startup shows how automated due diligence will affect not just what you invest in but who …

(Iker Ayestaran)When an investment firm requested a search of documents related to Sino-Forest Corp., the Chinese forestry giant once listed on the Toronto Stock Exchange, a due diligence software engine dubbed The Brain came up with an article that asserted the company didn’t appear to own as much land as it claimed to. Unfortunately for Sino-Forest’s shareholders, this search took place years after the RCMP and Ontario Securities Commission accused the company of fraud in 2011. The article The Brain found, however, predated the investigation by several months. “Research analysts would have loved to have had that article years ago, but everyone missed it,” says Dan Adamson, one of The Brain’s developers. Meet the artificial intelligence tech your company can use todayAdamson, 40, is the president and CEO of DDIQ…


Link to Full Article: A Toronto startup shows how automated due diligence will affect not just what you invest in but who …

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