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.
(One of) the technical side(s) of RegTech Moving our focus away from the business-centered issues regarding regulatory intelligence, we would like to face some more
Supervisory Tech: the next frontier for financial authorities Our journey into the world of RegTech comes to a very related field, which can be presented
A bright technological future This third blog post about the RegTech market is focused on the growing costs of this business sector, which suggest a
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