North American financial services provider BMO Capital Markets has partnered with multi-client regulatory platform JWG to access the firm’s AI-powered, natural-language processing change management system, RegDelta.
The system aims to reinvent the global postal system for managing change, through curating holistic data set, enriching it via sophisticated data science, and providing SaaA technology to the enterprise, enabling clients to retain control of obligations efficiently and without drowning in mountains of paper. The platform, hosted by AWS, links the firm’s business operating model directly to its relevant obligations to create a standardised, centralised repository to manage global regulatory change and mitigate risk.
“We are delighted to welcome BMO to the RegDelta fold,” said JWG CEO PJ Di Giammarino. “JWG are harnessing the power of an artificial intelligence technique called natural language processing (NLP) to replace manual efforts to map regulators’ changing requirements to business models in an efficient and traceable manner. By implementing industry standards, we are now quickly integrating our proprietary intelligence in a way that our clients control.”
