How automated regulatory compliance platforms simplify compliance procedures using AI
With finance firms working across multiple countries, they are subject to rules from regional and national institutions, turning regulatory alerts into an inefficient, time-consuming, and at times, overwhelming process.
The need to stay updated on the latest rules and regulations places tremendous pressure on regulatory teams, stretching resources to capacity and turning compliance into an inefficient process. Modern RegTech platforms, however, can simplify compliance procedures, enabling regulatory teams to keep up with the latest updates across multiple regulatory bodies on a national and local level.
Furthermore, RegTech can do more than notify you of updates from different regulatory bodies. It can also convert your compliance process into a simple, scalable, and proactive function of your organisation and build a reputation for reliability and dependability. At FinregE, our unique platform can eliminate the difficulties of compliance regulation and turn it into a cornerstone of your success.
What do you gain with an automated regulatory compliance platform?
- All the latest in regulatory updates to improve your responsiveness
- Streamline workflows and accelerate actions across the lifecycle of regulatory rules
- Leverage text analytics and topic modelling to better understand regulatory obligations and actions
- Turn compliance reporting into a streamlined, efficient process with our fully customisable dashboard
- Organise regulatory content into standardised attributes across global regulators for easy consumption
- Translate local and regulatory content from different languages using our translation APIs
Why work with FinregE?
FinregE is the first and only automated RegTech platform targeted toward financial regulatory compliance management.
Organisations that have worked with us have reduced the cost and time devoted to compliance management by over 90%, leading to significant cost and time savings while helping organisations avoid severe compliance penalties.
Moreover, our platform has an ISO 27001:2013 accreditation and Stage 1 and Stage 2 FSQS, so you can be sure of using a reliable platform that has all necessary measures in place to protect information security.
FAQs
Frequently Asked Questions
Automated regulatory compliance solutions are advanced RegTech platforms that successfully leverage AI-based technologies, ranging from text analytics to natural language processing.
They remove the complexity from compliance and turn it into a more sustainable business operation by making regulatory content more accessible and improving efficiency in operations.
AI is fast becoming a critical component of financial regulation because of its ability to streamline financial regulation processes.
For example, the platform can complete several procedures autonomously without any input from financial personnel, allowing for a more efficient take on financial regulation.
You can use the FinregE platform to identify compliance gaps within your organisation. Our solution can assess company operations, compare them against the latest updates, and reveal where you might no longer be complying with business requirements.
We have a free trial which lasts for about two weeks, contact us if you would like to learn more details.
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