How we democratise
CoVi is re-defining how financial services digest regulation
The current process for identifying and managing regulation is extremely manual and cumbersome. Moreover, the only way to benchmark interpretation against peers is through expensive consultants or associations.
Step 1 - Regs
Review all regulatory documents published by multiple authorities to find the relevant rules.
Step 2 - Mapping
Tracks the applicable rules and business actions in an ever growing mapping spreadsheet.
Step 3 - Firm's Policies
Develops company policies (e.g. remuneration), capturing how the business intends to comply.
Managing interpretation on top of Regulation
Our approach allows financial institutions to manage interpretation on top of regulation, eliminating the need for time-consuming mapping exercises (Step 2) and minimising governance efforts (Step 3).
We use visualisations, advanced analytics and machine learning to simplify and automate tasks for compliance teams.