is the interactive and intelligent legal inventory that the RegTech market was awaiting. It is automatically updated in real time and it saves time to spend in human value-added activities.
Mostly since the 2008 crisis, financial institutions need to face an ever-increasing number of mandatory compliance operations, which constitute an high cost item, but doesn’t generate any revenue.
In Europe at least these regulations are only partially accessible in a structured way and they lack of a homogeneous format.
Compliance professionals need a unique tool to manage different topics, but mostly a standard method to access and read regulations. This is the only way to solve compliance tasks on time, and to reduce the risk of penalties from the controller units and of reputation degradation towards customers.
Daitomic exploits the power of AI to implement and automate repetitive tasks and error-prone operations in regulatory collecting, indexing, structuring and linking.
Our AI algorithms identify text structure and regulatory references, index the rule in each of its parts (including metadata) and make it accessible in an intelligent and linked way.
Daitomic allows to carry out with just one-click many tasks which are manually impossible (or nearly) to be done. Besides, the regulatory deep indexing level allows to personalize the system: user can literally create his rule from scratch thanks to the drag-and-drop legal drafting mode.
The rule’s deep structuring also allows to link the regulatory object to any other element, also depending on the user’s needs.
So Daitomic offers the chance to work in a standard, structured and quicker way on the regulatory documentation, making it possible to reduce costs and delivery better results.
This also gives the chance to save time for other human–centric and value–added activities, such as the compliance strategy or the auditing operation structuring.
State-of-the-art analysis This second blog post about the RegTech market is focused on the Italian and European financial systems, with a special focus on the
Do you know about RegTech? Names don’t always fit what they mean. But this is not the case of RegTech. This word – which literally
Daitomic testifies already in its name what it was created to do. This innovative, cloud-based and scalable solution exploits the power of Artificial Intelligence – AI
