New York-based regulatory and risk management services provider Exiger has acquired McLean, Va.-based intelligence and security services contractor Convergent Solutions for an undisclosed amount in a move to expand presence in the federal market.
The combined company aims to deploy artificial intelligence-based technology offerings that will work to help government customers manage data sets used in screening, due diligence and fraud mitigation processes, Exiger said Wednesday.
Michael Cherkasky, co-founder and executive chairman of Exiger, said integrating products from the two firms can aid federal clients in information management, risk mitigation and vetting of personnel and vendors.
Convergent’s portfolio includes network and infrastructure security, program management and intelligence support services. Exiger offers a range of compliance risk management services such as financial crime compliance advisory support, fraud investigations and other government services.