AI Technology: Machine Learning and Natural Language Processing
The research team aims to develop the European Regulatory Compliance Copilot, an innovative AI-powered tool designed to revolutionise how organisations manage and adhere to the complex and ever-evolving landscape of regulatory compliance.
The project leverages state-of-the-art Large Language Models (LLMs), customised specifically for regulatory applications, to significantly accelerate the process of analyzing, interpreting, and reporting on regulatory updates.
By automating these tasks, the Compliance Copilot will enable organisations, particularly in the financial sector, to reduce the time and resources currently dedicated to regulatory compliance, while also minimizing the risk of errors that could lead to costly penalties.
Claus Lang, Kodex AI GmbH, Germany