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FOUNDING YEAR: 2016LOCATION:SwitzerlandREGION:Last Update:18 Oct, 2019Global presence:France, Germany, Switzerland, United Kingdom, United States of AmericaCompany priority:We're on to something big this year!
Description
Dydon: Applying AI to automate Compliance Processing
Dydon captures any type of structured or unstructured data, applying its Artificial Intelligence and Machine Learning capabilities to analyse, process and manage the data into a structured form held with a self learning single taxonomy.
Combined with its Predictive Analysis and self learning capabilities, Dydon is an intelligent solution combining key facts to potential internal and external risks, providing real time intelligence reporting whilst significantly reducing costs and increasing efficiency.
An intelligent solution for the growing data around us.
Dydon: Applying AI to automate Compliance Processing
Dydon captures any type of structured or unstructured data, applying its Artificial Intelligence and Machine Learning capabilities to analyse, process and manage the data into a structured form held with a self learning single taxonomy.
Combined with its Predictive Analysis and self learning capabilities, Dydon is an intelligent solution combining key facts to potential internal and external risks, providing real time intelligence reporting whilst significantly reducing costs and increasing efficiency.
An intelligent solution for the growing data around us.
FOCUS
PRODUCTS & SERVICES:
Dydon: Applying AI to automate Compliance Processing
Dydon is continuously capturing any type of external regulatory information and applies Artificial Intelligence and Machine Learning to analyse, structure and process (based on one central taxonomy) such information. Predictive Analysis is used to generate management information by intelligently combining internal and external key information.
The Dydon service is the unique yet intelligent approach to continuously link bespoke external data and information with internal data for providing key management information to identify and overcome internal issues or external threats.
REVENUE MODEL:
Viewable by subscribers only
PRIMARY PROBLEM SOLVED:
The service offered is a generic service covering the various aspects of intelligent data analytics and aggregation for any topic and corporation. Due to Dydon's capability to intelligently gather external information and combine it with internal data via transparent aggregation and analysis, the Dydon service is valuable in numerous areas:
- Constant monitoring of legal requirements applicable for a company incl. current fulfilment of such
- Intelligent Monitoring and assessment of public information
- Capturing and aggregation of any type of KPI resulting in ONE quality rating number incl. identification of weaknesses
- Constant Monitoring of pot. Reputational Risks or other external threats
- Identification of key topics and key influencing groups in public media (important for influencing public opinion)
- monitoring investment rules for funds to avoid misallocations
- etc.
INTELLECTUAL PROPERTY:
Patent(s) not Filed
PRODUCTS & SERVICES:
Dydon: Applying AI to automate Compliance Processing
Dydon is continuously capturing any type of external regulatory information and applies Artificial Intelligence and Machine Learning to analyse, structure and process (based on one central taxonomy) such information. Predictive Analysis is used to generate management information by intelligently combining internal and external key information.
The Dydon service is the unique yet intelligent approach to continuously link bespoke external data and information with internal data for providing key management information to identify and overcome internal issues or external threats.
REVENUE MODEL:
Viewable by subscribers only
TOP PROBLEM SOLVED:
Compliance spending tops more than $ 120-140bn annually. Applying smart and flexible AI solutions to Governance, Risk and Compliance processes (e.g. back office, regulatory content management, KYC, AML, etc.) can reduce cost up to 50% and increase efficiency up to 30%.
To achieve such results firms need a corporate wide AI strategy and solution focus which combines tailored-to-fit artificial intelligence and machine learning methodologies with respective predictive models and ensures all forward-looking management information is presented via strikingly intuitive and informative dashboards. Dydon has the clear focus and vision to provide such back-bone AI platform.
Why is this needed? Companies are confronted with two key issues:
- How to handle masses of data: here AI comes in very handy, but issue is that multiple AI methods are needed to cover all the different business problems companies do have leading to the second issue…
- How to organise an integrated and combined AI strategy: how to avoid that companies finally end up with multiple AI solution silos as for each problem a separate system/solution was build/bought
Dydon with its integrating and flexible approach solves both topics at once. The Dydon AI platform is capable to combine/bundle multiple different AI methods within the platform, uses one central structuring (multiple taxonomies) to ensure all information is categorised identically, generates predictions based on the found analytics results and presents all results and forward looking information via its easy to understand dashboards.
PRODUCT DEVELOPMENT STAGE
V2.0 or BEYOND
PRODUCT DEVELOPMENT COMMENT
Viewable by subscribers only
KEY DIFFERENTIATORS
Viewable by subscribers only
PRIMARY CUSTOMER TYPE
Viewable by subscribers only
PRODUCT ATTRIBUTES
Viewable by subscribers only
PEOPLE
NUMBER OF EMPLOYEES:
1-10
FOUNDERS:
Hans-Peer Guellich
NUMBER OF EMPLOYEES:
1-10
KEY EMPLOYEES:
CEO: Hans-Peer Guellich
CTO: Bhupesh Belchandan
COO: Kristian Maiwald
TEAM COMMENT:
Viewable by subscribers only
ADVISORS:
Ashvin Varsani, Pierre Suhrcke
TRACTION
ACTIVE USERS:
10 Million in 2016
ACTIVE USERS COMMENT:
Dydon offers contentment.
Continuously aggregating corporate information and combining it intelligently with external infor-mation, sensing risks and opportunities in this faster, more complex and over regulated world returns leadership to executives. To achieve this the Dydon service has three key elements yet USPs:
• Fully developed and ready to use Artificial Intelligence and Deep Learning for gathering, reading and understanding (e.g. con¬tent, semantic) of externally available information.
• Dydon’s proven methodology of Artificial Intelligence for combining several soft computing methods (e.g. mathematical formula, point scoring, rule based aggregation, fuzzy-logic) used to intelligently link and aggregate extracted external infor¬mation and data with internal information.
• Dydon’s unique capability to continuously provide such external data analytics, data aggregation and result presentation in real-time.
As the continuous measurement of the quality and efficiency of any business topic is crucial for its management, the Dydon service is unique
ANNUAL REVENUE:
$100k - $499k in 2018
REVENUE COMMENT:
Viewable by subscribers only
ACTIVE USERS/ACCOUNTS:
10 in 2016
ACTIVE USERS COMMENT:
Dydon offers contentment.
Continuously aggregating corporate information and combining it intelligently with external infor-mation, sensing risks and opportunities in this faster, more complex and over regulated world returns leadership to executives. To achieve this the Dydon service has three key elements yet USPs:
• Fully developed and ready to use Artificial Intelligence and Deep Learning for gathering, reading and understanding (e.g. con¬tent, semantic) of externally available information.
• Dydon’s proven methodology of Artificial Intelligence for combining several soft computing methods (e.g. mathematical formula, point scoring, rule based aggregation, fuzzy-logic) used to intelligently link and aggregate extracted external infor¬mation and data with internal information.
• Dydon’s unique capability to continuously provide such external data analytics, data aggregation and result presentation in real-time.
As the continuous measurement of the quality and efficiency of any business topic is crucial for its management, the Dydon service is unique
LIVE USERS/TRANSACTIONS:
Viewable by subscribers only
How will you grow the number of users/accounts/transactions?
Active sales, utilsing our installed solutions as key reference.
CHANNEL STATUS
Viewable by subscribers only
NUMBER OF CLIENTS OR PAYING CUSTOMERS:
Viewable by subscribers only
MOMENTUM
LISTED:
NO
EXIT STRATEGY:
Trade sale
FUNDING COMPLETED:
Viewable by subscribers only
TOTAL FUNDING:
-
LISTED:
Viewable by subscribers only
FUNDING SERIES:
FOR INVESTORS
FUNDING NEEDED
€5 Millions
USES OF FUNDS RAISED
Viewable by subscribers only
Viewable by subscribers only
Viewable by subscribers only
EXIT STRATEGY
Viewable by subscribers only
MONTHS LEFT WITH CURRENT CASH BURN RATE
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COMPETITORS
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