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AI in Compliance Functions
4CRisk.ai enables customers to harness the business value of AI by providing end-to-end regulatory/compliance solutions. 4CRisk’s best-in-class AI solutions - Regulatory Research, Compliance Maps, Obligation Management, Scan Horizon and Impact Assessment significantly reduces the human intervention and errors in compliance processes. Data is the key factor for success of any AI system, with 4CRisk’s sophisticated Data ingestion pipeline, organisations will have access to external and internal data sources within no time. 4CRisk’s sophisticated API services enables customers to seamlessly integrate 4CRisk’s AI services and data repositories into their current processes or they can leverage the minimalistic and intuitive user interface enabled by those sophisticated APIs.
Business Challenges with Compliance
The biggest challenge faced by the Compliance professionals across the globe is to connect their business and regulatory environment. With the growing regulatory changes in short period of time widens the gap between regulatory taxonomy and the business internal taxonomy. Today, each compliance officer is looking towards an efficient and effective solution which would help in automating their compliance activities with accuracy. With dynamically changing regulatory environment lies technology risk, culture and conduct risk and huge cost non-compliance risk. 4CRisk.ai assists Compliance professionals being reactive and tactical to being proactive and strategic. We enable the to move the burden of discovery and analysis to the AI platform.
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