Regtech Artificial Intelligence: Compliance Lifeline

FIs are using AI to improve the customer journey and gain insights on client behavior, but potential awaits in the compliance function.

Boston, March 14, 2019 – Compliance struggles as a cost center, yet staff are imperative risk mitigators, regulation educators, and daily communicators of a financial institution’s policies and procedures. Often, chief compliance officers feel that compliance point solutions fail to handle their comprehensive role within the firm. AI offers perhaps the first authentic response to the tired warriors with antiquated weapons.

This report discusses a day in the life of the compliance officer, where and how AI technology can support the compliance mission, and what types of AI tools are available today to work on behalf of compliance. It includes data collected in 2016 and 2018 through the Nasdaq and Aite Group Global Compliance Surveys of 24 U.S. and European technology vendors.

This 27-page Impact Note contains seven figures and three tables. Clients of Aite Group’s Wealth Management service can download this report, the corresponding charts, and the Executive Impact Deck.

This report mentions Ayasi, Capnovum, Cognitive Plus,, Credit Suisse, EverSafe, IBM, Loven Systems, Nice Actimize, Recordsure, RegBot, and Wolters Kluwer.

Related Content

Get Summary Report

"*" indicates required fields

This field is for validation purposes and should be left unchanged.