Diligent strengthens ethics tools with Vault’s AI compliance tech

Diligent has acquired Vault, an AI-powered ethics and compliance solution focused on misconduct reporting and investigation management.

Diligent's acquisition brings Vault's AI-first technology, which includes localised compliance features, multilingual reporting channels, and support for adherence to global regulations, into its existing governance, risk and compliance (GRC) platform.

Vault enables organisations to create and manage speak-up programmes, increase detection and response rates to risks, and strengthen employee and stakeholder trust through features such as mobile apps, web platforms, and AI-powered hotlines.

Through this integration, Diligent expands its capacity to provide seamless and effective compliance tools, delivering employees a secure channel to report concerns while giving organisations the data insights necessary for managing investigations and driving ethical change.

Amanda Carty, General Manager, Compliance at Diligent, said, "We're thrilled to welcome the Vault team and clients to Diligent. This acquisition reinforces our deep commitment to leveraging cutting-edge AI technology to enhance transparency, integrity and ethical practices in global companies. Now, we can ensure organisations are equipped with the proper tools to proactively comply with evolving laws like the EU Whistleblowing Directive and other regulatory frameworks worldwide, further reducing their risk exposure while building a stronger culture of integrity."

The integration of Vault's technology is intended to allow organisations greater end-to-end visibility into misconduct trends, aiming to create compliance programmes that are more effective and defensible.

Commenting on the acquisition, Neta Meidav, Founder and CEO of Vault, said, "We're incredibly excited to join Diligent. Vault has always been pushing the boundaries in ethics technology. Now, with Diligent, our innovative platform can reach a wider audience and truly change how organisations build ethical cultures and mitigate major risks. Our new combined offering will be unmatched in the market, and we look forward to transforming how ethics is handled across organisations."

This acquisition follows Diligent's purchase of Spark Compliance, a global company specialising in ethics and compliance programme design, earlier in the year.

Diligent's series of acquisitions, including Vault, reflects its strategy to supply GRC professionals with AI-enabled tools intended to clarify risk and improve governance.

District Capital Partners acted as the financial advisor, and Willkie Farr & Gallagher LLP served as legal advisor to Diligent in the acquisition. Raz. Dlugin & Co. served as the legal advisor to Vault.