New and Enhanced Features on Compliance.ai: January 2022
February 10, 2022
As we began 2022, we focused on adding API capabilities, further enhancing workflows, and adding more quality of life enhancements for pro.compliance.ai.
Additionally, we continued enriching our coverage of US state legislations and regulations, as well as expanded our coverage in multiple jurisdictions throughout Australia, Europe, the Middle East, and Asia.
Manage your users using enterprise identity management: Support for SCIM
Many of you already access our Pro and Team solutions via your corporate login credentials. Now, we’ve added support for SCIM (The System for Cross Domain Identity Management) to enable centralized role management. If you or your IT team would like to manage user roles using your own corporate identity access/roles management system rather than using Compliance.ai’s web-based user role management capabilities available in our Team and Pro editions, visit Compliance.ai SCIM Identity Management to get started and then test it out using our Interactive API under the SCIM dropdown.
Get enhanced results using our Search API and improved error messages for other endpoints
Our enhanced Search API endpoint now allows you to request an enhanced version of the full text that has cleaner formatting. Marking the new “formatted_full_text” parameter in the request as “true” will enhance the “full_text” attribute in the results for documents that have sentences available.
We also improved error messaging to provide more details about why the requests failed. The following API endpoints will now provide more insight on failed requests – Agencies, Jurisdictions, Acts, Document Types, Regulation, Diffing, and Suggestion.
Right click to optimize your document review experience
Last month, we introduced our new resizable right panel to help you focus on the elements of our platform that are most important to complete your tasks at hand. In January, we added another new feature that provides even more control over your experience. To review multiple documents side-by-side, or for a quick check on multiple documents, try our new feature and right click on Timeline, Enforcement, News or Search to open PDFs in new tabs or browser windows.
New Workflow capability allows you to reopen tasks and correct mistakes
Everyone makes mistakes. To help fix mistakes in your workflow tasks, we’ve introduced the option to reopen a task, change your decision, and have the new decision impact downstream workflow tasks. For example, you will now be able to complete a Preliminary Review task as “not relevant”, which will auto-complete subsequent tasks. Later, if you realize the document actually is relevant, simply reopen your task, change the assessment to “relevant” and the subsequent tasks will be reopened automatically.
Downstream tasks auto-completed based on relevance assessment
Downstream tasks re-opened based on new relevance assessment
One Source for Regulatory Intelligence: Expanding Regulatory Coverage
We continued the expansion of regulatory sources to strengthen our coverage ofUSstate legislations and regulations. You can now follow recent regulatory updates for:
State Legislative Activity updates from Arkansas, Hawaii, Kansas, Louisiana, Maryland, Maine, Missouri, North Carolina, North Dakota, New Jersey, New Mexico, Nevada, New York, Oregon, Virginia, Vermont, Washington, Wisconsin, West Virginia, and Wyoming.
Additionally, our international coverage continues to grow, allowing you to track activity from the following international agencies:
United Arab Emirates: Dubai Executive Council (ARE-DEC), Dubai International Financial Centre (ARE-DIFC)
Australia: Federal Register of Legislation Australia (AUS-PARL)
Hong Kong: Securities and Futures Commission (HKG-SFC)
India: Bureau of Indian Standards (IND-BIS)
International: United Nations Security Council (INT-UNSC)
Switzerland: Financial Market Supervisory Authority (CH-FINMA), Federal Council (CH-FC)
Cayman Islands: Cayman Islands Monetary Authority (CYM-CIMA), Department for International Tax Cooperation (CYM-DITC), Cayman Islands Legislative Assembly (CYM-LA)
Germany: Deutscher Bundestag (German Parliament) (DEU-BT), Bundesministerium der Justiz (Federal Ministry of Justice) (DEU-BMJ)
Please visit our complete list of regulatory sources, and bookmark the page as we update it frequently!
Update your Default Filters at any time to take advantage of our new international sources.
We 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 Help (?) sectionof the product for more information.
If you’re not 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
CEO & Board Member
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.
