Revelis s.r.l.’s Post

Delve into the world of FinTech with Vatsa Narasimha, CEO of ComplyAdvantage, as he shares insights on the recent acquisition of Golden and the future of regulatory technology. Discover how AI is revolutionizing risk management and compliance in the finance sector, and gain valuable perspectives on navigating regulatory challenges. https://lnkd.in/geHiFYuQ #fintechinterview #financesector #complyadvantage #ai #compliance #fintech #financialtechnology

AI-Powered Compliance: A New Era in Financial Services The financial industry is undergoing a digital transformation, and with it comes a surge in regulatory complexity. To keep pace with these evolving regulations, financial institutions are turning to RegTech solutions. 📌Theta Lake's Latest Innovation Recently, Theta Lake, a leading provider of AI-powered compliance solutions, announced the launch of over 100 new compliance capabilities. This significant development marks a new era in digital communication monitoring, empowering financial institutions to navigate the intricate regulatory landscape with greater efficiency and accuracy. 📌Key Benefits of AI-Powered Compliance ✅Enhanced Accuracy: AI-driven algorithms can analyze vast amounts of digital communication data, such as emails, instant messages, and social media posts, to identify potential compliance risks with unparalleled precision. ✅Increased Efficiency: Automated workflows and real-time monitoring capabilities streamline compliance processes, reducing manual effort and accelerating response times. ✅Proactive Risk Management: By proactively identifying and mitigating risks, financial institutions can avoid costly penalties and reputational damage. ✅Adaptability to Evolving Regulations: AI-powered solutions can quickly adapt to changing regulatory requirements, ensuring ongoing compliance. 📌The Future of Compliance As the regulatory environment continues to evolve, financial institutions must embrace innovative technologies to stay ahead of the curve. AI-powered RegTech solutions offer a powerful tool to navigate this complexity. By leveraging AI to automate compliance processes and enhance risk management, financial institutions can build a strong foundation of trust and transparency. #RegTech #Compliance #AI #DigitalCommunications #ThetaLake #Innovation #FinancialServices #FinTech Perumal Jayakumar JESLIN JOSE K Ciya V S Rupanshu . Vaishnavi Kumari Sahithya T.M Krishan chand Patidar K. Harihara Patro

The Lifeline: How Explainable AI Empowers Financial Services in GRC https://lnkd.in/gRiAK95b John Zugelder, CFA Rich Data Co #ExplainableAI #FinTech #GRC #RiskManagement #AIinFinance

AI is transforming finance—but how can teams build reliable, compliant applications for such a regulated industry? In this use case, Seekr Product Manager Phil Marshall discusses how to build an AI compliance chatbot that helps enterprises tackle financial crime compliance with greater accuracy and speed. Watch the video: https://bit.ly/4eyiPoc #EnterpriseAI #FinTech #AIUseCase #AIChatbot

FINRA Highlights AI Risks. In its annual report, the Financial Industry Regulatory Authority (FINRA) has, for the first time, highlighted AI as a significant emerging risk. The report underscores the potential issues of accuracy, privacy, bias, and intellectual property posed by generative AI tools, urging firms to stay abreast of forthcoming regulatory changes. The Lumenova AI Responsible AI platform has strong trust and privacy safeguards for Generative AI. It enables organizations to confidently use Generative AI, including technical LLMs assessments. https://lnkd.in/gBSbAEVr #GenAI #finance #financeindustry #AIGovernance #ResponsibleAI #TrustworthyAI #AIRiskManagement

Is generative AI poised to radically transform manual compliance processes at banks? In its latest article, The Global Treasurer explores how this game-changing technology could automate tedious tasks, reduce human error, and drive massive efficiency gains. From anti-money laundering checks to know-your-customer protocols, AI models can comprehend complex regulations and flag potential issues at lightning speed. This frees up valuable human resources to focus on higher-level strategic initiatives. Read the full article to understand AI's potential impact across regulatory compliance, risk management, and document processing workflows within banking. Don't miss out - subscribe to our daily newsletter now! 👇 CTA: Subscribe to our newsletter for daily insights and updates. Sign off: Stay ahead of the game with the latest industry trends. #financialcompliance #generativeAI #realtimecompliance #newsletter

I'm excited to share my latest blog post and demo on leveraging AI to transform regulatory compliance in finance. Key highlights: Building an intelligent chatbot that's a regulatory expert 💼 Cutting costs while boosting accuracy 🚀 Automating research to save time and resources 📈 Are you curious about the future of regulatory compliance? Check out the full article to see how we're making compliance smarter, faster, and more efficient. #FinTech #AI #Compliance #RegTech #Innovation

Banking executives have always been quick to embrace new technologies. Now, they see genAI emerging and are asking themselves how this new and disruptive technology might change their world for the better.   3 key themes to consider: Tackle your biggest problems – understand the business outcome you want to achieve and then consider how you can use genAI to help solve those problems Go for transformation - genAI provides an opportunity to fundamentally rethink the way the business operates Right now, experimentation and innovation are critical – given the pace of change, this is no time to fall behind (but it must be done within the framework of smart governance and risk management) Great insights from our KPMG Leaders. #genAI #GenerativeAI

🗓️9 May @ 6pm “AI & Regulation” - In Person Event! Women in RegTech New York in collaboration with Rise, created by Barclays present this incredible panel of experts covering the most current dialogue on 🔊🔊Regulating #AI 🔊🔊 #WIRTNY co-founder Mary Kopczynski will facilitate the discussion with: 🎤 Kaitlin Asrow - New York State Department of Financial Services 🎤Lisa Farkovits - Barclays 🎤Joyce J. Shen - TENFORE HOLDINGS CAPITAL MANAG 🎤 Sarah Wallis - FINRA 💻With technology being released at such a rapid pace, how can regulators and law makers create policy and regulation fast enough to ensure the right guard rails are in place. No really…. How are they doing it? ❔What are some of the key current regulations and regulatory frameworks? ❔How is AI regulation being created? What are regulators doing & expecting of those they regulate? ❔What are the implications for the way technology companies are now building solutions w AI? ❔How does this change the way banks think about, buy and build with AI? Register below to secure your place and meet more of the WIRTNY and Rise community in New York! https://lnkd.in/eq6zb69b Kerry Gendron Bhuva Shakti, MS, MBA 🚀 Heather E. Balke Carina Oriel