Risk Insights

Real-time compliance monitoring and e-Discovery

The regulatory environment requires financial institutions to have a close lid on any activities between the bank and clients. Much of these interactions are text based (or text transcripts of voice conversations are available).

Squirro offers a real-time concept based compliance monitoring to help financial institutions:

1) Automatically detect issues in the course of business

2) Cut the time to prepare risk audits and reports

3) Comply with regulatory requirements

In summary the financial institutions profit from a significant cost reduction through the automation of the compliance monitoring process.