Leveraging artificial intelligence for automated regulatory monitoring and compliance reporting

The growing complexity of stakeholder regulations is driving a need for systematic and sustainable regulatory monitoring and reporting processes based on business relevance. Artificial intelligence offers innovative solutions that can radically improve the cost-effectiveness and timeliness of regulatory research and related compliance outcomes. The expansion and complexity of regulatory demands have extended the work of compliance functions away from drafting reports into the regulatory monitoring landscape. Compliance functions can no longer simply rely on outdated servicing formats, as the regulatory landscape is rapidly expanding, and the need for agile business solutions is critical.