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For financial institutions that struggle to keep up with everchanging regulations, Capnovum has successfully automated the process.
Capnovum’s cognitive compliance management platform provides an up-to-date repository of regulations, obligations and regulatory news; that lets financial institutions manage compliance and resource utilisation across jurisdictions.
Artificial intelligence is leveraged to understand and identify synergies between regulations, assess the footprint of business models and impact of regulatory updates.
Capnovum eliminates manual work and external spend that traditionally go into producing and disseminating static reports. Reducing cost, improving timeliness and quality.
"We follow an automated approach to capture regulatory information on a local and supranational level, and cover more than 150 regulatory frameworks in over 70 countries."