Reg Review: optimize your regulatory watch

Regulatory watch has recently become a necessity for every actor in the banking industry, because of scattered documentation and the rising number of regulations and regulators.

With numerous sources to consider, regulatory watch specialists spend more time gathering information than processing it, and non-specialists sometimes miss critical regulatory information.

These challenges, which put financial institutions at risk, motivated Sia Partners to create a solution supporting both the gathering of publications and pushing that information to the relevant stakeholders, through simple analysis performed with Natural Language Processing.

• Collection: daily capture of documents published on targeted websites.
• Storage: in a dedicated NoSQL database, allowing for a historical depository of the regulations processed.
• Analysis: machine learning algorithms analyze documents to enrich them (topics, language, synthesis).
• Visualization: a search engine to look for regulations and a dashboard to visualize regulatory publications.
• Information: with a fully customizable newsletter in order to be alerted when a relevant article is found.