AI for Compliance: Turning Regulation into Competitive Advantage

The demands placed on compliance systems are constantly growing – not only in terms of their complexity, but also in terms of their importance for corporate stability and reputation. Companies are under increasing pressure to implement legal requirements efficiently, comprehensibly and in real time. Artificial intelligence (AI) is increasingly becoming a central tool in compliance strategy. A study by Thomson Reuters (Perceptions of risk and compliance professionals on AI) shows that 78% of the companies surveyed see the use of AI in their work as a major advantage. While environmental, social and governance (ESG) aspects have not been a top priority for many companies to date, there are clear signs of a change in trend: According to the study, 38% Artificial intelligence (AI) is increasingly becoming a central tool in compliance strategy. A study by Thomson Reuters (Perceptions of risk and compliance professionals on AI) shows that 78% of the companies surveyed see the use of AI in their work as a major advantage

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AI for Compliance: Turning Regulation into Competitive Advantage

@iOCO Solutions

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