TABLE OF CONTENTS



Entity Insights

Entity Insights allows you to conduct AI-driven open-source searches on your clients directly within the platform. Using proprietary prompts developed and refined by our team, the feature searches publicly available sources and generates a structured report to support your verification process.

The report is designed to provide a clear, practical overview that can be used as part of your risk assessment and ongoing due diligence.


Summary: AI Insights is a secure, closed-loop feature. This means your business data is processed to generate your report and is not used to train the underlying AI model or shared with any third party. It stays confidential to your organisation. 



Availability

Entity Insights is available to Optimise and Transform tier customers. There's no specific user role required to run a report; anyone with access to the entity or case can generate one once the feature is turned on for your account. The feature itself isn't self-serve yet: it needs to be switched on by your Customer Success Manager (CSM), the First AML team member who supports your account day to day, or our support team at help@firstaml.com. 


Running a report is limited to Compliance Admin, Compliance Approver, Compliance Member, and Assistant roles. 



What’s included in the report?

  • Executive Summary - A concise overview of key information relating to the entity.
  • Ownership Summary - Publicly available ownership details, including identification of potential risk factors where relevant.
  • Credit Report Summary - If you've generated a credit report for the client, this section summarises that information alongside the rest of the report. 



Key Use cases

  • Conducting open-source checks without leaving the platform

  • Quickly gathering information on overseas clients where data may be harder to access

  • Identifying potential risks for higher-risk clients

  • Supporting risk assessments with consolidated external intelligence


You can also ask follow-up questions within the report to explore specific areas in more detail and extract additional insights.



Frequently Asked Questions:

How accurate is the information provided?

Entity Insights has undergone extensive internal testing over several months. While it is not possible to assign a fixed accuracy percentage, testing has demonstrated a high level of confidence in the outputs. As with any open-source intelligence, results should be reviewed and assessed as part of your overall verification process.


What data sources are used?

The report is based on publicly available information.

If you choose to include a credit report, this data is incorporated into the analysis to enrich and contextualise the findings.


Billing:

Please reach out to your CSM or the support team. 


How current is the data?

Open-source information reflects what is publicly available at the time the report is generated.

If a credit report is included, it reflects the data available at the time it is run.


How do the prompts work? Can they be tailored?

The prompts that power Entity Insights are proprietary and have been developed by our team. They are standardised across all customers and are not customisable.

However, you can ask follow-up questions within the report to explore specific areas further and obtain additional clarification.


Does Entity Insights support multiple languages?

Yes. The system can process and translate information from publicly available sources in multiple languages.

Reports are generated in English.


How is this different from using ChatGPT or other AI tools?

Entity Insights is purpose-built for compliance workflows. The prompts have been specifically developed and refined for entity verification use cases, removing the need for manual prompt engineering.

In addition, the feature can incorporate credit report data to enrich results. As the platform evolves, insights may also be used to inform and enhance other areas of your workflow.


How long does it take to generate a report?

Reports are typically generated within one to two minutes. In some cases, it may take up to five minutes.


How does the AI Insights tool use the information I provide, and is my data used to train the model or shared in the public domain? 

AI Insights is designed specifically for entities rather than individuals, so it does not process personal identity information such as date of birth or residential address.

The context provided to the model is limited to basic business information, for example:
  • entity name
  • entity identifier (for example company number)
  • registered country and registry authority
  • entity address
  • entity type
  • credit bureau information where available
The entity name is the only required field. All other fields are optional and simply provide additional context if available.

From a security and data handling perspective:
  • No information entered into the tool is published or placed into the public domain.
  • The feature uses OpenAI GPT models via secure API access.

When you request an insight, the system uses the provided business context to identify risk indicators. To provide a comprehensive view, the tool may perform a targeted web search based only on the entity name and country to pull in relevant, publicly available information (such as news or registry filings) for your review.



Further Questions? 

Please feel free to reach out to our support team at help@firstaml.com.