Diligent Acquires Vault to Enhance AI-Driven Ethics and Compliance Solutions Globally

Diligent, a prominent provider of AI-driven governance, risk, and compliance (GRC) SaaS solutions, has acquired Vault, a specialized AI-powered ethics and compliance platform. This strategic move, announced in New York and London, aims to enhance Diligent's existing offerings by integrating Vault's advanced Speak Up technology, which promotes a culture of transparency and ethical behavior within organizations. The acquisition addresses a significant gap in the current landscape of ethics and compliance programs, where many traditional systems are seen as ineffective or outdated. By merging Vault’s capabilities with its own, Diligent is positioning itself to provide a comprehensive, streamlined solution that leverages AI to detect and mitigate risks more proactively. The enhanced platform will offer localized compliance features, multilingual reporting channels, and tools to help organizations adhere to various global regulations, including the EU Whistleblowing Directive. Amanda Carty, General Manager, Compliance, of Diligent, expressed enthusiasm about the acquisition, noting that it solidifies Diligent’s commitment to utilizing cutting-edge AI to improve transparency, integrity, and ethical practices. The integration of Vault’s technology into the Diligent One Platform will enable organizations to detect and address misconduct earlier, build stronger trust with employees and stakeholders, and stay ahead of regulatory changes. This move will also help Diligent serve a broader range of global enterprises, ensuring that they have the tools necessary to proactively comply with complex and evolving laws. Neta Meidav, Founder and CEO of Vault, shared her excitement about joining Diligent, emphasizing that Vault has been at the forefront of innovation in ethics technology. The combination of the two companies’ strengths will create an unparalleled offering in the market, providing organizations with a robust, user-friendly platform that supports safe and confidential reporting, detailed investigations, and actionable insights. Vault’s platform has already attracted attention from leading investors, including Gradient, Google’s early-stage AI fund, and Illuminate Financial, due to its effectiveness in fostering a culture of integrity and mitigating major risks. The acquisition of Vault follows Diligent’s earlier purchase of Spark Compliance, another leading company in the ethics and compliance space. This series of acquisitions demonstrates Diligent’s focus on expanding its AI and technology capabilities to serve the growing needs of GRC professionals. The combined efforts are expected to significantly enhance the way organizations handle ethics and compliance, making these processes more efficient, effective, and aligned with modern standards. The new integrated solution will feature several key advancements. First, it will include advanced AI-driven automation and ethical risk intelligence, enabling organizations to identify potential issues before they escalate. Second, the platform will offer secure and intuitive reporting channels, such as mobile apps and web portals, to encourage employees to speak up without fear of retaliation. Third, it will provide detailed analytics and insights, helping organizations understand trends in misconduct and take preemptive measures to prevent future violations. These features are designed to create a holistic approach to compliance, fostering a more resilient and ethical organizational culture. One of the notable benefits of this acquisition is the improvement in risk detection and management. Traditional compliance systems often rely on manual processes and are reactive rather than proactive. Diligent and Vault’s collaboration will transform this paradigm by leveraging AI to continuously monitor and analyze data, allowing for real-time risk identification and swift response. This is particularly crucial in today’s fast-paced and globally interconnected business environment, where compliance challenges can arise unexpectedly and have significant consequences. Another critical aspect is the emphasis on employee trust and engagement. Vault’s technology ensures that employees have multiple, secure, and confidential ways to report concerns, which can significantly reduce the barriers to speaking up. This, in turn, leads to more timely and effective resolution of issues, enhancing overall organizational health and integrity. The end-to-end visibility provided by the combined platform will also enable leadership to make more informed decisions, fostering a culture of accountability and continuous improvement. Industry insiders view this acquisition as a significant step forward in the GRC sector. They believe that the integration of Vault’s AI-driven tools will set a new standard for compliance and ethics programs, offering organizations a powerful means to navigate the complexities of global regulations and internal governance. The move is expected to bolster Diligent’s market position and attract more clients seeking robust, AI-integrated solutions to manage their ethical and compliance challenges. Diligent will host a webinar titled "The Future of Corporate Integrity: Diligent + Vault Redefine Ethics & Compliance" on June 3rd, providing further insights into the new offering. Interested parties can register for the webinar to learn more about how the combined technologies will revolutionize the field. Diligent and Vault’s partnership represents a significant advancement in the ethics and compliance technology landscape. By integrating the latest AI innovations, they are poised to lead the industry into a new era of proactive and effective governance. This move aligns with Diligent’s mission to equip organizations with the necessary tools to manage risk, build resilience, and make better decisions, ultimately creating a more transparent and ethical business environment. Vault, known for its innovative and user-friendly Speak Up platform, has been recognized for its ability to transform compliance and ethics programs. The company’s commitment to using AI to enhance organizational integrity has garnered praise from both investors and industry experts, making the acquisition a natural fit for Diligent’s expansion strategy. With this addition, Diligent is well-positioned to become a leader in the rapidly evolving GRC space, providing solutions that are not only technologically advanced but also deeply attuned to the needs of modern businesses.