Diligent Acquires Vault in AI-Powered Ethics & Compliance Push

Key Takeaways

• Acquisition: Diligent has acquired Vault, an AI-powered ethics and compliance platform, to enhance its governance, risk and compliance capabilities.
• AI Integration: The deal combines Vault's Speak Up technology with Diligent's existing GRC platform, enabling organizations to detect risks earlier and respond faster through advanced AI capabilities.
• Global Compliance: Vault's multilingual reporting channels and localized compliance features will help Diligent serve global enterprises navigating complex regulatory frameworks like the EU Whistleblowing Directive.
• Platform Expansion: This marks Diligent's second major compliance acquisition this year, following its purchase of Spark Compliance, signaling a comprehensive strategy to build an end-to-end GRC solution.

Deep Dive

Diligent has announced its acquisition of Vault, marking a significant move toward proactive integrity management in corporate compliance. The deal comes as organizations continue to struggle with outdated ethics systems that fail to meet evolving regulatory requirements.

Vault's AI technology empowers organizations to foster speak-up cultures while mitigating misconduct risks before they escalate. The platform includes mobile apps, web platforms, and AI-powered hotlines designed to accommodate diverse workforce preferences.

The Regulatory Imperative

The acquisition positions Diligent ahead of intensifying regulatory pressures around whistleblowing and ethics reporting. The EU Whistleblowing Directive, which mandates robust internal reporting channels for organizations with 50+ employees, exemplifies the shift toward proactive compliance measures.

"We're thrilled to welcome the Vault team and clients to Diligent," said Amanda Carty, General Manager of Compliance at Diligent. "This acquisition reinforces our commitment to leveraging AI technology to enhance transparency, integrity and ethical practices."

The combined platform delivers a "360-degree compliance and ethics solution" through end-to-end visibility into misconduct trends, making compliance programs more effective and defensible.

Technology Focus

Vault's AI capabilities enhance Diligent's existing platform with advanced investigation suites that identify patterns and trends indicating systemic issues. Key features include:

• Multi-Channel Reporting: Mobile apps, web platforms, and AI-powered hotlines accommodate diverse workforce preferences.
• AI-Powered Analytics: Pattern recognition and predictive analytics enable early misconduct detection, shifting from reactive to proactive risk management.
• Global Infrastructure: Multilingual reporting and localized features help enterprises navigate complex regulatory frameworks, including the EU Whistleblowing Directive.
• Investigation Management: End-to-end investigation suites provide tools for meaningful change, from report intake through resolution.
• Trust and Safety: AI systems deliver anonymity and confidentiality assurances that encourage reporting while protecting whistleblowers.

Building Market Leadership

"We're incredibly excited to join Diligent," said Neta Meidav, Founder and CEO of Vault. "Our innovative platform can now reach a wider audience and truly change how organizations build ethical cultures and mitigate major risks."

This acquisition follows Diligent's earlier purchase of Spark Compliance, suggesting the company is assembling comprehensive GRC tools to compete against other established players.

The combined offering serves global enterprises with multilingual reporting, localized compliance features, and assistance with complex international regulations, addressing growing demand for integrated platforms over point solutions.

District Capital Partners served as financial advisor to Diligent, with Willkie Farr & Gallagher LLP providing legal counsel. Raz. Dlugin & Co. served as legal advisor to Vault. Financial terms of the acquisition were not disclosed.

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