Author: Brenda Marie Rivers|| Date Published: August 8, 2019
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.
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