RegTech Pioneer Compliance.ai Expands Services to Include Support of International Compliance Content

“Chief Compliance Officers in financial services are faced with a complicated and high stakes world where the complexity of regulatory change increases when a company does business internationally,” said Kayvan Alikhani, CEO of Compliance.ai. “We’re pleased to expand our offering to include new geographies to help banks significantly reduce the cost of staying compliant, stay ahead of requirements before deadlines, increase efficiencies and ultimately reduce the risk of missing an important regulatory change.”
In the last ten years, the amount of regulatory changes has exponentially increased, from an average of 10 regulatory changes a day to an average of 200 a day. And properly processing incoming regulatory changes involves a complex collection of tasks, actions, and deadlines, with dependencies across business departments, often requiring cooperation between multiple stakeholders in the organization. Compliance.ai’s solutions allow for collaboration, automated task management, and highly customized notifications and alerts on regulatory content across different government agencies.
The Compliance.ai platform combines artificial intelligence and Expert-in-the-Loop methodology to provide real-time financial regulatory content with actionable intelligence to banking and compliance professionals, collecting information from all major sources including: Federal and State-level agencies, proposed and final rules, executive orders, notices, enforcement actions, relevant white papers, mainstream news and other regulatory documents.
You can learn more about Compliance.ai and its regulatory change management solutions by visiting the company’s booth #806 at the AI Summit, held at the Palace of Fine Arts in San Francisco September 19-20.
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