Why AI for Regulatory Compliance?
The regulatory landscape for banks is complex, constantly evolving, and requires extensive domain expertise. Traditional approaches to regulatory compliance often lead to:
- Delays: Waiting days or weeks for expert opinions on regulatory queries
- Inconsistency: Different interpretations from different advisors
- Knowledge Gaps: Limited expertise across the full spectrum of regulations
- High Costs: Expensive retainers and consultation fees
Regality AI's platform leverages artificial intelligence to address these challenges, providing instant, consistent, and comprehensive regulatory guidance at a fraction of the cost.