Sigma360, the AI-powered risk intelligence platform for financial crime prevention and compliance, announced the launch of its Enhanced Due Diligence (EDD) Agent. The agent is purpose-built, tested and validated by EDD analysts, for EDD analysts to address the compounding costs and operational pressures that manual EDD processes place on financial institutions.

The Sigma360 EDD Agent automates the investigative steps that drain analyst time: collecting internal and external data, summarizing findings across structured modules, identifying risk factors and mitigants, recommending next steps, and generating a fully cited narrative ready for regulatory review. The analyst remains the decision-maker throughout, and every risk rating and action is documented, traceable, and defensible at examination.

“EDD has been a significant pressure point for compliance teams for years, and is one that we believe is ripe for disruption,” said Stuart Jones, Jr., Founder and CEO of Sigma360. “We built this agent to deliver on that opportunity for our market and clients. The team behind it are EDD analysts themselves, and they designed it to deliver speed and quality together, allowing the agent to handle the investigative legwork that takes up most of an analyst’s time and giving back bandwidth to focus on well-informed judgment calls.”

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On average, a single EDD case consumes four hours of analyst time. Eighty-five percent of that time is spent on data gathering alone. At a mid-sized firm processing thousands of cases annually, EDD costs consume an estimated $2 million in analyst capacity each year.

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