Empowering the first line of defense with cognitive capabilities and enhanced user experience

Today, business leaders in the financial services sector must not only deal with well-understood challenges— disruptive competitors and unrelenting market volatility—but also with increasingly complex regulations and the dangers of cyber- attacks and sophisticated financial crimes. 

As a result, firms are looking for governance, risk and compliance (GRC) solutions that are accurate in their risk reporting, flexible in adapting to regulatory change, and easy enough to use so that they can be deployed to large numbers of users without extensive training.

This white paper looks at redefining GRC - empowering the first line of defense and delivering business value – with next-gen AI technology. It further explores why financial institutions are turning to AI-powered compliance solutions.