There are over 750 global regulators and an average of 200 regulatory alerts every day. Managing this manually is increasingly impractical. Without RegTech, it’s all too easy for details to slip through the net.
Simplify compliance and add consistency in a world of ambiguity with Engage Hub’s RegSolv solution
By leveraging advanced technologies like artificial intelligence (AI), machine learning and automation, RegTech solutions are helping reduce risks and allocate resources more efficiently. These technologies automate mundane tasks, allowing human professionals to focus on more strategic initiatives while ensuring nothing is missed in the ever-changing compliance landscape.
Regulatory documents are often lengthy and complex meaning reviewing them can be time-consuming. Our AI Summarisation tool is designed to simplify the process by quickly analysing regulation text and delivering concise, easy-to-understand summaries. Our AI Summarisation will automatically extract important dates such as compliance deadlines and implementation timelines while also identifying referenced regulations within any document.
Use our Ask AI tool for Instant Regulatory Reporting. You can easily build a report to get a clear overview of what’s happening across your regulatory account, with the ability to drill down into more granular details when needed. If you are preparing for internal reviews or external audits, these reports can be easily exported and integrated into your business processes, helping you streamline compliance management and save valuable time.
RegSolv seamlessly integrates with our horizon scanning partners via APIs and in real-time. We cover multiple sectors and jurisdictions depending on the demand of the customer.
RegTech is a formidable ally in the quest for efficient and effective compliance. Overcoming regulatory challenges requires a combination of technological innovation, adaptive solutions and collaboration between RegTech providers and financial firms.
Engage Hub’s Customer Journey Tracker, gives a bird’s-eye view of every interaction, every data feed, from first contact, across online and offline system, third-party and in real-time. It enables our clients, often for the first time, to understand their business from your customers’ perspective break down the natural silos that occur in any organisation.
The cost of not responding to the changes in regulation can have a significant impact on your business not just in terms of potential fines but also the negative impact on your customers if not handled correctly. With Customer Journey Tracker, firms are in strong position to monitor compliance and risk management.
Operational Excellence
Discover 4 areas where regulatory technology (RegTech) is a game-changer for compliance and risk management.
Data Orchestration
In this blog, we'll look at the hurdles facing RegTech implementation in financial services, flagging up important considerations when looking at solutions
Customer Communications
There are 750+ global regulators and 200 regulatory alerts every day. RegTech makes ongoing compliance easier and more cost-effective.