AI-powered digital transformation is the key

With thousands of global regulators issuing hundreds of weekly updates through millions of words of detailed text, the complex, dynamic nature of the regulatory compliance landscape makes staying up to date an extraordinary challenge.

Traditional, manual approaches to compliance are inefficient, risky, and error prone—not to mention expensive.

AI is perfectly suited to tackle regulatory compliance and change management, including:

Collecting large amounts of data, organizing it, assessing it based on specific parameters, and delivering accurate and actionable insights is the kind of work AI does best.

AI’s impact on compliance operations is massive, dramatically improving:

  • Speed and productivity
  • Accuracy and risk mitigation
  • Confidence
  • Cost reduction and personnel reallocation to higher value tasks

Combining compliance know-how with advanced technology

AscentAI experts know compliance operational challenges from the business perspective first-hand, allowing us to develop the industry’s most robust set of AI solutions to solve them with intelligent automation.

AI is used to help you capture, compile, analyze, and integrate regulatory content.

Machine Learning

Ascent ingests millions of lines of regulatory text and leverages proprietary machine learning models to parse and analyze the data.

Natural Language Processing

Ascent deploys NP engines to scan, group, structure, and analyze massive data sets quickly and efficiently.

Generative AI

Ascent utilizes Generative AI to summarize each regulatory update, helping users quickly ascertain and understand what’s new.

Human Oversight

Ascent verifies all regulatory data with in-house compliance experts to provide accuracy and change management processing confidence.

How we use AI across the AscentAI Platform

Data collection

Automatically scanning and capturing all relevant regulatory content from thousands of sources every day - many of them multiple times per day; then, based on customer configurations, serving all relevant data to the appropriate parties

Content linking

Making connections between regulatory documents to provide a complete picture to customers - something manual search tools can’t do

Obligation identification and parsing

Accurately extracting all regulatory obligations from within each rule and/or amendment

Change detection

Using our proprietary comparison engine to scan every line and every word to accurately identify every change between the existing and new obligation

Obligation change impact matching

Using the customer’s corporate regulatory map as a foundation to identify every obligation that must be addressed due to a rule change, doing in minutes what takes days or weeks of manual review

Summarization

Summarizing regulatory rules and amendments for quick and easy understanding