Financial institutions operate within overlapping webs of laws and regulations. Regulatory research is the process by which enterprises find, analyze and build an inventory of rules. A single repository of multiple authoritative sources is maintained, which helps in avoiding complexity.
Time Consuming , difficult to maintain and low confidence.
Financial Institutions today rely on highly skilled compliance professionals who spend a lot of time identifying the applicable laws and regulations to their business. It's a complex process to respond to regulatory changes and assess the impact of current and upcoming laws and regulations. Moreover, this is all a manual process that lacks consistency and lowers confidence.
ARIA powered regulatory research, speeds up rule-book creation while raising accuracy. It allows financial institutions to automate the task of identifying all material laws and regulations from multiple sources of information in a single space and evaluate the applicability of these laws and regulations to their business. It enables compliance officers to make business decisions quickly, easily, and consistently, boosting confidence.
4CRisk is an award winning AI-powered platform for Risk and Compliance professionals
