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Find Information About AI Compliance Platforms - Sheild

AI Compliance Platforms are able to eliminate the issues inherent to this inefficient data-silo approach to regulatory change management. Check out this presentation and read this article: https://bit.ly/3xzCIrW to know more information about AI for financial compliance.

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Find Information About AI Compliance Platforms - Sheild

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  1. AIForFinancialCompliance www.shieldfc.com

  2. ArtificialIntelligence AIismakingcompliancewithinfinancial regulationscheaperandeasierthanever beforebyautomatingsurveillance,improving theprecisionofnoncomplianceand regulatorychangedetection,deterringrule violations,andpreventingfinancialcrimes andmarketmanipulation.

  3. AutomatedSurveillanceImproves NoncomplianceDetection By2030,AIwillsavefinancialinstitutions$1trillion. Thisrepresentsanestimated22%reductionin operatingexpenses.Thesecostsavingsarepossible duetoboththeimprovedefficiencyandreduced operational costs by the integration of AI into legacy compliancesystems.Byusingadvancedsurveillance thatcancaptureelectronic,visual,andaudiodata, today’sAI-drivencomplianceplatformscangather andprocessthesediverseformsofinputsinto meaningfulcompliance-relateddatamoreaccurately andatafasterratethanhumans.

  4. Regulatory Change ManagementandReporting In the global financial industry, compliance managers havetokeeptrackofthehundredsofregulatorychanges thatoccureveryday.Inthepast,thisrequiredthe dedicatedeffortsofteamsofemployeessortingthrough massiveamountsofcompliancechangedataand manuallyintegratingrelevantinformationintolegacy compliance tracking systems.AI-driven compliance platforms eliminates inefficiencies, which is leads to improvementsinbothregulatorychangetrackingand timelycompliancereporting.

  5. DeterringRuleBreakingand FinancialCrime AIisakeyinstrumentinmakingcompliancedepartmentsat financial firms more efficient, but more immediately they helpwiththeprocessofdetectingfraud.Forexample,AI- supported platforms can identify fraudulent employees who create fake accounts by tracking email and IP addresses and ensuringthatmultipleaccountsarenotbeingrunfromthem. Furthermore,byusingnaturallanguageprocessingandother forms of advanced surveillance methods, AI compliance platformscantargetandidentifynoncompliantbehaviorin real-timethroughautomatedreviewsofemails,voicemails, messages,andotherdata.

  6. WhenAppliedAppropriately,AI CanBeaCatch-AllSolution AIcompliancetechnologyisalreadycapableof readingandperformingtaskssuchasextracting metadata,identifyingentitiesthatarereferredto,and understandingtheintentofeveryregulatedactivity undertakenataglobalfinancialinstitution. Automatedcomplianceprocessesmadepossible throughtheintegrationofAIwithlegacycompliance trackingsystemsalsofreesupvaluablehuman resourcesforimprovedstrategicthinking.

  7. AI'sWorth Thesavingsincost,time,andenergymadepossible bytheseinsightsallowfinancialinstitutionstoput humanpowerandresourcestowardsotheraspects of the business. While it will not replace the teams thatstaffcompliancedepartmentsatglobalbanks currently,AIhasprovenitsworthandwillcontinue toplayalargeroleinfinancialinstitutionsasweget closerandclosertofully-autonomouscompliance.

  8. ContactUs https://www.facebook.com info@shieldfc.com https://www.shieldfc.com/ https://www.instagram.com/shield.regtech/ https://twitter.com

  9. ThankYou

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