Modernization of Compliance Operations

A leading study estimates that $61B per year is spent on compliance in the U.S. and Canada alone, with 70% of financial institutions prioritizing the reduction of costs in 2025. In an industry where 90-99% of alerts are false positives and operational inefficiency is accepted as a necessary evil, the use case for the modernization of compliance operations is clear and imminent.

Specifically, artificial intelligence (AI) is fit for purpose in:
1. Auto-populating alert narratives, with tone and depth dynamically based on alert risk, grammatically perfect sentence structures, and subject matter expertise equivalent to an analyst that has digested millions of articles.
2. Measuring the proximity of the current alert to similar historical alerts, which is a foundational competency of AI.
3. Refining narratives and risk identification based on user feedback.
4. Allowing for you to get real time answers to questions with natural language prompts (e.g. “Hey Delphi, how many alerts do I have left this month?”) and without the need for intermediaries.

Read our white paper that goes into more detail and reach out to us to learn more about our tested AI tool that offers the above, and much more.