SAN FRANCISCO, June 22, 2018 /PRNewswire/ -- Today, Compliance.ai announces free access to its regulatory change management solution; offered for a limited time to qualifying organizations. Banks and Credit Unions with $100M or less in asset under management are eligible to a free 1-year single user subscription to Compliance.ai's Pro Edition solution.
To gain access to this limited time offer, interested banking and compliance professionals can visit the Compliance.ai booth (#622) at the ABA Regulatory Compliance Conference in Nashville from June 24 -27, 2018 or visit: www.compliance.ai/community2018/
"Keeping up with financial regulatory changes is a tedious and time-consuming process especially when manually monitoring all the major agencies at federal and local levels," says Kayvan Alikhani, CEO at Compliance.ai. "By automating and personalizing the search, tracking and monitoring processes, Compliance.ai is saving financial services companies invaluable time and money, and freeing up compliance team members to focus on strategic and important tasks such as risk, gap and implementation analysis."
Compliance.ai has also expanded its board of directors with the addition of Cesar Lee, partner at Cota Capital.
"While we are seeing many innovative AI solutions emerging, Compliance.ai is the first financial services focused solution that specifically applies AI directly for regulatory compliance in an intelligent and actionable way," says Lee. "They have taken a nuanced approach to incorporating human expertise in AI, to provide an industry solution that clearly increases efficiency and saves time."
The Compliance.ai platform combines artificial intelligence and Expert-in-the-Loop methodology to provide real-time financial regulatory content with actionable intelligence to banking and compliance professionals, collecting information from all major sources including: Federal & State-level agencies, proposed & final rules, executive orders, notices, enforcements actions, relevant white papers & mainstream news.
Compliance.ai's latest Enforcement Action Tracking tool allows banks to track enforcement actions by agency, violation and penalty size at both the State and Federal level. Users can subscribe to get weekly enforcement summaries and updates by email at www.compliance.ai/enforcementupdate/.
Compliance.ai is a modern regulatory change management solution that focuses on distilling regulatory content into tangible, actionable intelligence. The company is led by technology veterans, with a mission to empower professionals with the best financial regulatory change management platform. Compliance.ai is a leading innovator in RegTech, leveraging artificial intelligence and Expert-in-the-Loop approaches to provide the most comprehensive regulatory content to professionals and businesses.