Compliance.ai expands services to support international content

RegTech provider Compliance.ai has launched new international capabilities and announced a new executive team member.

Based in San Francisco, the company has widened its support of regulatory change management capabilities to include UK jurisdictions at large. It also plans to bring its solutions to Canada and the rest of the EU in the future.

Along with international rollout, Compliance.ai has also added Juan Carlos Forero to its executive staff, as vice President of Sales. Prior to joining the RegTech, Forero previously worked in FinTech and RegTech sales at Thomson Reuters, where he was responsible for strategic relationships across the entire Financial and Risk Business Unit – Dow Jones and Bloomberg.

In his new role at Compliance.ai, Forero brings fifteen years of experience in sales and leadership, managing teams and closing complex sales cycles in enterprise technology sales.

“Chief compliance officers in financial services are faced with a complicated and high stakes world where the complexity of regulatory change increases when a company does business internationally,” said Kayvan Alikhani, CEO of Compliance.ai. “We’re pleased to expand our offering to include new geographies to help banks significantly reduce the cost of staying compliant, stay ahead of requirements before deadlines, increase efficiencies and ultimately reduce the risk of missing an important regulatory change.”

Compliance.ai’s Smart Collaboration platform enables financial organisations to Search, Monitor, Access, Research and Track regulatory content in real time.

The company 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 and State-level agencies, proposed and final rules, executive orders, notices, enforcements actions, relevant white papers, mainstream news and other regulatory documents.

Its search and filter tools for financial regulatory research streamline daily change management routines to reduce the possibility of missing important information. The Compliance.ai Timeline also prioritises a user’s daily, weekly and monthly reading list to help organise their regulatory compliance program. This allows the user to evaluate the most important documents first, based on upcoming key dates.

Copyright © 2018 RegTech Analyst

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