The Serious Fraud Office (SFO) is using artificial intelligence technology from RAVN Systems to work on its most important cases and has spent more with the software firm than on regular adviser Slaughter and May in the first six months of this financial year.
The SFO used RAVN’s applied cognitive engine (ACE) AI platform on the probe into Rolls-Royce on alleged bribery and corruption in Indonesia, Thailand, Malaysia, India, Russia, China and Nigeria. The case reached a deferred prosecution agreement on 17 January with a £671m total settlement.
