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Resolver and Ascent Announce Integration Partnership to Bring AI to Regulatory Compliance for Financial Institutions

Resolver Inc., a leader in Risk and Security Management Software, has announced that they have partnered with Ascent, an AI-based solution that automatically generates a customer’s regulatory obligations and updates them as regulations change. This partnership will harness the power of Resolver’s Compliance Management solution to streamline and take the guesswork out of which obligations are critical to an organization.

Resolver seamlessly connects with Ascent to dramatically simplify the regulatory change process. This partnership will allow Resolver customers to leverage Ascent’s AI-based technology to automatically deliver a complete set of obligations targeted to their organization’s specific needs. Users will gain visibility over their entire regulatory landscape, ensure that they have comprehensive coverage, and drive risk-based prioritization of compliance activities.

Leveraging the integration, users will be able to easily understand the breadth of their organization’s regulatory obligations by quickly distilling down what is relevant for their business. This will help teams to save time and resources from manually tracking and analyzing regulator websites, to identify if and when there is a change. As rule changes occur, a customer’s obligations are automatically updated, alerting the user to review the impact.

“By automating the identification of regulatory obligations and rule changes, compliance and legal teams can rest assured that they will know if and when a change occurs,” says Will Anderson, CEO of Resolver. “This will not only help to eliminate regulatory and operational gaps, but help organizations avoid fines and lower the overall cost of compliance.”

Empowered with this information, teams will have the confidence to support future growth and expansion activities, as they will know they have the right infrastructure in place to identify and address any regulatory changes quickly and strategically.

Read the full announcement here.

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