Compliance is an ever-changing environment that’s costs can consume up to 10% of a financial institution’s revenue. With modern collaboration tools that use voice, chat, video, thousands of documents, and massive volumes of disparate data, analyzing and monitoring critical financial data in real-time is challenging.

With its ability to process large volumes of data with speed and accuracy, AI, specifically natural language processing (NLP) models, can help financial services leaders better see and understand evolving compliance requirements to integrate the right policies at less time and cost.

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