New and Enhanced Features on Compliance.ai: September 2021
October 1, 2021
In September 2021, we focused on capabilities to help our clients further personalize their regulatory change management experience. We also upgraded our US CFR coverage to take advantage of near-immediate updates. Additionally, we introduced new US state regulatory resources focused on healthcare, employment and taxation as well as key international regulatory resources including the European Commission publications.
Collaborate with interested parties using Compliance.ai Lite
Now, you can engage stakeholders within your organization in key compliance initiatives by provisioning Compliance.ai Lite user types to your colleagues. You can share folders and alerts with Lite users to ensure they have easy read-only access to content you’re reviewing as a team. In addition, Lite users can view annotations and obligation assessments added by other Compliance.ai users.
Note that the Lite User type is intended for team members with whom you wish to share information rather than active team participants who need to complete workflow tasks, add annotations, and assess obligations.
For more information about adding Lite users to your organization, contact support@compliance.ai.
Personalize your experience by tailoring your state-level regulatory sources
Fine tune agency selection in non-country jurisdictions using our new Default Filter options. Interested in the DOI, but not the OAG for a particular state? Simply access Default Filters > Regulatory Sources and open state-level filters to choose your preferred agencies. Fine-tune your state sources for greater control over your default search parameters and dashboard widgets.
eCFR updates now available through Compliance.ai
We’ve upgraded our US CFRs capabilities. Going forward, you’ll see new versions of CFRs as they are published on the source in near-real time, rather than waiting for quarterly updates. If you need to follow a specific part of the CFR closely, try adding an alert to receive automatic notification whenever CFRs within the chapter, part or subpart you’re most interested in are added to the Compliance.ai platform.
Filter out the noise: Leverage “exact” or “close match” text options to pinpoint your searches
Improve your search results and further focus your regulatory notifications using our new “exact” and “close match” text options available with basic and advanced searches. To narrow down your search to specific terms, use the default Exact Text match. If you want to broaden your criteria, for example for singular and plural words, try Close Match. If you’re searching using our search bar, words in quotes are treated as exact. Remove the quotes and you’ll receive close match search results.
Expanding Integration options: Access Regulatory Content through two new API Endpoints
We’ve added new flexibility in using our API to retrieve enhanced regulatory content: Document Search endpoint has been expanded to allow for POST requests, making it easier to add multiple values for each parameter through the request body. Until now, the Document Search endpoint was only available as a GET method. Test out the new endpoint using our Interactive API.
Another API endpoint was introduced for those users that want to access enhanced regulatory content using our API, but want to combine the request with filtering capabilities available directly in our Pro/Team/Service Connector products (pro.compliance.ai). The new “Pre-Filtered-Content” API endpoint provides authorized API users the ability to retrieve regulatory content that matches a select group of Alerts defined by their Organization’s users in the Compliance.ai application. Learn more about how this new endpoint fits into our various Service Connector integration options.
One Source for Regulatory Intelligence: Expanding Regulatory Coverage
During the past month, Compliance.ai has focused its continued expansion of regulatory sources on strengthening its coverage of U.S. Healthcare, Employment, and Taxation related regulatory updates. Now you will also be able to follow regulatory updates on:
Healthcare regulatory updatesfrom Arizona, Connecticut, Delaware, District of Columbia, Illinois, Kansas, Maryland, North Carolina, Oregon, Pennsylvania, Washington State.
Additionally, our international coverage continues to grow, allowing you to track activity from these international agencies:
Canada: Office of the Superintendent of Financial Institutions (CAN-OSF), Bank of Canada (CAN-BOC)
China: General Administration of Customs (CHN-GAC)
Hong Kong: Hong Kong Monetary Authority (HKG-MA), Trade and Industry Department of Hong Kong (HKG-TID)
India: Telecommunication Engineering Centre (IND-TEC),
United Kingdom: Expanding regulatory content from Bank of England (UK-BOE)
International: Eurasian Economic Commission (EAEU-EEC), European Commission (EU-COM)
Please visit our complete list of regulatory sources, and bookmark that page as we update it frequently!
Update your Default Filters at any time to take advantage of our new international sources.
I hope you enjoyed this product update!
Your feedback is always welcome. Please contact our support team with any questions or feedback. Remember that you can always access our product guides under the Support sectionof the product for more information.
If you’re not yet using Compliance.ai, please feel free to schedule a demo with one of our specialists to see how RegTech can transform the way you work.
Asif Alam is the Chief Executive Officer at Compliance.ai. A leader in shaping disruptive technology, his experience includes building products using AI and natural language processing for GRC, payments, lending, risk, trading, and new solutions, from Fortune 500 companies to startups.
In his most recent role, he served as the Chief Strategy Officer of ThoughtTrace, unlocking new revenue streams and markets, and reignite portfolio growth. ThoughTrace was then acquired by Thomson Reuters in 2021.
He brings more than 20 years of management and business experience; increasing profitability, unlocking new revenue streams and markets, and reignite portfolio growth for companies like Thomson Reuters, Crux Informatics, and Finastra. Asif is a forward-thinking expert driving engagement via client forums, public presentations, and white papers.
Cesar Lee is a Principal at WRV, a venture capital fund focused on early-stage investments in hardware, semiconductor, and other technology-related companies. Previously, he was an investment professional at Riverwood Capital, a technology-focused, late-stage venture capital, and private equity fund. He began his career at RBC Capital Markets, where he was part of the Mergers & Acquisitions group for two years and the Equity-linked & Derivatives group for one year. While at RBC, Cesar spent a majority of his time working on M&A advisory transactions for technology companies.
Cesar’s investment experience includes buyouts, later stage, early stage and seed rounds. Cesar has completed transaction in the U.S., Latin America, and Asia, and in technology sectors including data centers, software, semiconductors, consumer electronics, robotics, big data, and internet.
Maria Devassy is a RegTech, Content, and Technology leader with over 20 years of experience helping companies bridge the gap between technology, product, and business. Maria has held leadership positions with MetricStream, KPMG, Oracle Corporation, and other technology companies. She has launched several successful RegTech products, business partnerships, and advised Fortune 100 clients on risk management, audit, advisory, and compliance business across Industries.
Hugh Cadden is a recognized expert in derivative financial and trading markets including futures, options, and swaps. Hugh is currently a senior consultant and expert with OnPoint Analytics, Inc. an economic, finance and statistical consultancy specializing in expert testimony for complex litigation. He has been specializing in the organization, operation, and regulation of financial and trading markets for over 40 years. Hugh’s experience includes both the public and private sectors and he has held senior level positions with the U.S. Commodity Futures Trading Commission including serving as Director of the Division of Trading and Markets and Deputy Director of Enforcement. He has been qualified as an expert on financial and trading market matters before the Commodity Futures Trading Commission, the Securities and Exchange Commission, the U.S. Tax Court, Financial Industry Regulatory Authority, National Futures Association, American Arbitration Association and federal courts.
Drake Ross is a former bank regulator who specialized in compliance with consumer protection regulations while at the OCC, FDIC, and OTS. While at these agencies, he provided extensive training and guidance and developed materials to ensure full comprehension and proper application of rules, laws, policies, and guidance, and served as a Subject Matter Expert in numerous areas. Because of his expertise, he often presented at agency and industry events. He also played a significant role in successful windup of the 2008 IndyMac Bank failure, where because of his extensive knowledge of the FDIC deposit insurance regulations, he was called upon to administer highly-complex insurance determinations.
Carliss Chatman is an Assistant Professor of Law teaching Contracts, Agency and Unincorporated Entities, Corporations, and Transactional Skills. Her work is influenced by over two decades of service on non-profit boards and involvement with community organizations. Through leadership positions, she has developed expertise in corporate governance and non-profit regulation. She has also been instrumental in strategic planning and fundraising efforts. Prior to law teaching, Professor Chatman was a commercial litigation attorney in Houston, Texas. In practice, she focused on trial law, appeals and arbitration in pharmaceutical, health care, mass torts, product liability, as well as oil, gas, and mineral law. In addition to negotiating settlements and obtaining successful verdicts, Professor Chatman has also analyzed and drafted position statements regarding the constitutionality of statutes and the impact of statutory revisions for presentation to the Texas Legislature.
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Mariam is an Operating Principal at Cota Capital. Mariam has experience providing guidance on strategic and operational planning to Venture and Growth stage companies. Prior to Cota Capital, Mariam spent her career in management consulting as a Director at KPMG. She has experience leading global transformation programs and developing innovative service offerings for Fortune 500 companies in the Technology sector. Mariam has an MBA from UCLA’s Anderson school of management with an emphasis in Finance and Entrepreneurship. She has a Bachelors in Science in Finance and a Bachelors in Science in Economics from Santa Clara University.
Chris Callison-Burch is an Associate Professor in Computer and Information Science Department at the University of Pennsylvania. His research interests include natural language understanding and crowdsourcing. He has served the Association for Computational Linguistics as the General Chair for the ACL 2017 conference, as an action editor for the Transactions of the ACL, as an editorial board member for the Computational Linguistics journal, and an officer for NAACL (the North American chapter of the ACL) and for SIGDAT (the special interest group for linguistic data and corpus-based approaches to natural language processing)
Tom Ladt is an experienced executive and investor. Tom has lead and served on the boards of several public and private companies serving highly regulated industries such as technology, healthcare, real estate, and food processing. Tom has also served in key governmental roles and on numerous community boards.
Jeroen Plink is a global executive with a proven track record of developing and growing businesses, teams, and technologies with innovation and passion. Jeroen was CEO of Practical Law US during its acquisition by Thomson Reuters. He now serves on numerous boards and acts as a strategic consultants for start-ups.
Global Legal and Compliance executive with 15+ years of success in the SaaS technology and financial services industries. Partner to the CEO and executive team in corporate transactions, business development, product expansion, and regulatory navigation during periods of intense growth and organizational change. An advocate of effective risk management that starts with sound business practices and putting the customer first.
Richard Dupree has held multiple Risk, Compliance and Operations positions at regional, national, and global financial services firms including Wells Fargo, Silicon Valley Bank, Bank of the West and BNP Paribas. Rick currently advises FinTechs and RegTechs and sits on industry panels, contributes to industry whitepapers, thought leadership efforts, and speaks at industry seminars on Risk and Compliance challenges faced by banks and FinTechs.
Brian advises clients on legal and regulatory compliance in the financial, tech, and procurement sectors. His passion is helping businesses succeed in heavily regulated environments. As counsel and trusted advisor to businesses of all sizes, and as a former regulator, policymaker, and federal official, Brian acutely understands the unintended burdens that even well-intentioned government requirements can put on innovation and business growth, as well as how to create policies that strike the right balance.
Brian served as National Ombudsman in the Obama Administration, leading the federal Office of Regulatory Enforcement Fairness in assisting hundreds of startups, entrepreneurs, and small business owners in every industry and every state.
Dr. Marsha Ershaghi Hames is Managing Director of Strategy & Development at LRN, a leader in advising and educating organizations about ethics and regulatory compliance, as well as corporate culture, governance and leadership. With the focus of inspired behavior versus required behavior, LRN is a leading voice in the industry for companies to build ethical cultures instead of “check-the-box” compliance approaches. She’s advised Department of Justice corporate monitors on successful program transformation under CIAs (Corporate Integrity Agreements. With over 20 years of experience in leading multinational ethics and compliance strategies, Marsha has become a highly sought-after thought leader on leading Corporate Compliance and Ethics practices.
Carla Carriveau is currently the Senior Managing Counsel at Wealthfront, an automatic investment service firm in Redwood City, California. Carla was previously Senior Counsel, Division of Trading and Markets, at the United States Securities and Exchange Commission. As a former regulator with over 15 years of experience in helping small businesses navigate legal and regulatory needs in the financial services sector, Carla advises Compliance.ai on financial services regulation, the regulatory landscape and industry practices.
