Our CEO Andrea Tesei was interviewed by Luca Tremolada of Il Sole 24 Ore on the future of regulatory accessibility in the era of Generative AI
New technologies will revolutionize the way humans and machines interact with the law. And, in fact, they are already doing so. In particular, the focus of the video interview with our CEO Andrea Tesei was the future of access to regulations with the introduction of Generative AI, namely those Artificial Intelligence systems capable of generating content, in this case texts, such as the well-known ChatGPT.
Today, Generative AI is already being used within RegTech platforms to provide simplified explanations of regulations and interactive discussions. Chat-Based Large Language Models (Chat LLMs), also exploiting techniques such as Retrieval Augmented Generation (RAG), make it possible to generate conversational interfaces to chat with norms and get accurate answers in real time.
At Aptus.AI we have already been working in this field for some time. In fact, our AI solution for financial compliance includes Aptus.Chat, a Generative AI service that instantly delivers legal answers that would otherwise require hours of regulatory analysis.
Compliance professionals, in fact, need – now more than ever – to have digitally accessible regulations and to automate some specific steps of compliance processes. For example, Artificial Intelligence enables real time detection and notification of the regulatory updates that are relevant to an organization, also sending daily email alerts that can be customized according to regulatory areas of interest.
But that’s not all. RegTech compliance platforms, such as Aptus.AI’s one, make it easy to search for documents of interest, navigate them in one place (including with an augmented view of legal content, designed to immediately identify obligations, penalties, definitions and other useful information) and analyze them in an streamlined manner. And the effectiveness of Aptus.AI’s solution is confirmed by the fact that big organizations such as Intesa Sanpaolo Group, Generali Investments and Banca Mediolanum have integrated it into their compliance processes.
Indeed, our Artificial Intelligence platform enables compliance processes to be managed in one place, offering innovative capabilities designed for highly regulated industries.
In addition, companies operating in highly regulated industries increasingly need to turn compliance into a strategic business activity. A possibility that is offered by Aptus.Outlook, the functionality that allows regulatory documents to be analyzed before they are officially published, in order to prepare for the so-called “regulatory waves”.
Finally, Generative AI is set to revolutionize financial compliance. And at Aptus.AI we are pioneers in this revolution, as confirmed by Il Sole 24 Ore’s choice to interview our CEO Andrea Tesei as one of the leading experts in the field. In fact, those who deal with compliance today need to interrogate regulations to receive accurate answers quickly. That’s why we created Aptus.Chat, the conversational interface that offers summaries of regulations, support in identifying the parts of the document relevant to a specific research, and interactive navigation within the regulatory perimeter starting from chat answers.
Request a demo to learn how these features optimize compliance and can bring your organization into the AI era.