| Reference No. | A-0230 |
| Solution Name | Wizpresso Factify – Document Verification Solution |
Wizpresso Factify is an AI-powered document verification solution that transforms how organizations fact-check, review, and verify regulated disclosures end-to-end. Purpose-built for public disclosures such as IPO prospectuses, annual reports, ESG reports, and transactional documents, Factify automates verification workflows, accelerates review cycles, and strengthens disclosure governance for enterprises.
With Factify, organizations can:
• Automatically annotate and verify disclosures: Instantly box up every statement, identify and classify material statements, group similar language, and detect inconsistencies across drafts and supporting documents.
• Generate verification notes and manage data rooms: Automatically create tailored verification notes, track version changes, and centralize filings, workpapers, and client materials in an AI-native, secure data room.
• Streamline collaboration and compliance oversight: Orchestrate verification workstreams with real-time collaboration tools, audit trails, role-based access, progress tracking, and alerts to maintain transparency and regulatory readiness.
Factify helps deal teams and compliance professionals reduce manual verification from weeks to hours, improve disclosure quality, and maintain control over fast-moving transactions while meeting stringent legal and regulatory standards. Underpinned by ISO27001-certified infrastructure, AES-256 encryption, and continuous security testing, Factify delivers enterprise-grade assurance for sensitive transaction and disclosure data.
Key features include:
• Automatic annotation and box up of statements for batch processing.
• AI-assisted document recommendations and verification.
• Material statement identification and classification into facts and opinions.
• Similar statement grouping and inconsistent statement detection across versions.
• Version tracking and control to carry forward verification data across drafts.
• Collaboration tools, auditability, and role-based access for multi-party deal teams.
• Team progress tracking, notifications, and alerts for compliance monitoring.
• AI-powered data room to centralize, secure, and intelligently manage all deal documents.
Visit https://wizpresso.com/products/Factify to learn more.
| Application Areas |
Data Analysis and Prediction
Image Analysis and Generation
Research and Information Gathering
Writing and Content Creation
|
Wizpresso Factify supports multiple high-stakes disclosure workflows by enabling different teams to verify statements against underlying evidence before publication or listing.
• Sponsors and legal advisors: Advisors can structure and “box up” every statement in an IPO prospectus, then automatically cross-check those statements against supporting documents such as operational metrics, legal opinions, internal approvals, and industry reports. Using material statement identification, similar statement grouping, and inconsistency detection, they can quickly validate that all key representations are substantiated, complete, and aligned across versions before submission to the exchange.
• Sustainability managers: ESG teams can upload ESG reports alongside emission calculations, raw ESG data, third-party certifications, and assurance documents, then link each disclosure statement to its underlying evidence. Features such as automatic annotation, AI-assisted document recommendations, and version tracking help ensure that metrics, targets, and narratives are consistent with the latest data and standards, reducing the risk of greenwashing and supporting audit- and assurance-ready ESG disclosures.
• Listed companies preparing annual reports: Finance and corporate reporting teams can verify annual report statements against supporting financial information, management reports, board papers, and working schedules. By leveraging Factify’s automatic box-up, classification of factual vs. opinion statements, and collaboration tools, teams can coordinate review across finance, legal, and management, ensure consistency across sections and drafts, and maintain a complete audit trail of how each figure and statement was verified prior to publication.
| Support On-premise deployment | Yes |
| Support standalone laptop | No |
| Graphics Processing Unit (GPU) required | Yes |
| Pricing Model |
Hybrid Model - Combine subscription with per-user pricing (e.g. base subscription fee + additional cost per user)
One-time licensing fee with annual renewal
Subscription-Based Pricing – Per-User Pricing
|
| Free Trial | Yes |
| Company / Organisation Name | Wizpresso Limited |
| Email Address | support@wizpresso.com |
| Telephone Number | +85296773662 |
| Website | https://wizpresso.com/products/Factify |
| Address | Room 11, 4/F, Cyberport 3 Core C, 100 Cyberport Road, Hong Kong |
| Presentation Decks |
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If any government department would like to obtain additional information about the AI solution, please contact Smart LAB.