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Bud Financial helps banks and their customers make more informed decisions using AI with DataStax and Google Cloud

CIO

Bud Financial helps financial institutions deliver that context to their customers, empowering them to get the most out of their finances by unlocking rich insights from transactional data with AI. Organizations must invest in due diligence to ensure their partners align with their organization’s trust and security requirements.

Banking 493
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Jury clears Autonomy CEO of fraud charges

CIO

In a battle between a rich founder executive and a sophisticated larger company, where the larger company bought the founder’s company, people will assume that the larger company is responsible for doing its due diligence. See our timeline of the HP-Autonomy M&A disaster.

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5 pitfalls to avoid when partnering with startups

CIO

With startups proliferating across IT services, finance technology, technology hardware, enterprise software, and artificial intelligence, among other domains, knowing where to focus your search for an innovation partner can be overwhelming. In the absence of a multistage due diligence process, an enterprise could face third-party risks.

Startups 482
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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

July 2011: Apotheker and Lynch reach a deal to sell Autonomy to HP, and HP begins its due-diligence examination of Autonomy’s finances. The plaintiffs agree to assist HP in bringing claims against Lynch and Hussain, and HP agrees to beef up its due-diligence process for evaluating acquisitions.

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Major de-booking proves that suppliers are in the driver’s seat: Analyst

CIO

Financial due diligence, said Annand, has not always been central to big tech deal making, but rather than risk another.com bubble, the supply chain is signaling they want no part in evaluating their customers business model and future profitability.Discounting or creative financing are no longer necessary parts of a successful product strategy.

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Private equity looks to the CIO as value multiplier

CIO

Zibtek’s Merrill agrees, saying that some investment groups are increasingly using CIOs to help with research before financing a new firm. They’re being involved more even upfront with due diligence, so that investors are picking the right deals,” he says.

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Unicorns wanted: Navigating the Product Owner shortage in IT

CIO

The unicorn, if not sourced with proper due diligence, will be viewed only as a creature in fairy tales. Usually that someone comes with a mixed bag of experience: a background in product, engineering, marketing, and finance are most common. But why is the product owner so important?

IT 435