Compliance.ai today proclaimed the availability of innovations to its Modern Regulatory Change Management (RCM) resolution, an award-winning and industry-recognized regulative compliance product that automates the tiresome and complicated steps inside the regulatory compliance method for banks, financial services and insurance businesses in a timely and cost-effective practice. The new abilities leverage custom-built technologies to automatically remove obligations from rules and compare varying regulatory conditions between multiple jurisdictions by a specified topic sector.
Compliance.ai’s Obligation Analysis and Jurisdiction Analyzer utilize artificial intelligence, natural language processing (NLP), and machine learning to determine one of the biggest challenges encountered by chief compliance officers and general counsel in the financial services enterprise: assessing and responding to emerging regulatory requirements. The new abilities significantly reduce the time and support required to analyze and process regulatory documents, facilitating compliance teams to react and take effect on regulatory changes more immediately.
Compliance.ai proclaimed a new whitepaper estimating the present-day compliance challenges encountered by highly-regulated businesses accommodating to a changing regulatory environment and the current paradigm of current compliance management solutions. Compliance.ai’s whitepaper “Out With the Old, In With the New: How RegTech is Tackling Today’s Complex Regulatory Landscape Better, Faster and Cheaper Than Legacy Systems” is available for downloading now.
Compliance.ai lately announced a series of channel businesses with several RCM, GRC, and IRM solutions, including 360factors, Blueprint Systems, and LogicManager, to present banks and credit unions a centralized and expansive modern compliance management resolution.