Personalizing your experience is key to using Compliance.ai efficiently, effectively, and with an appropriate level of confidentiality. To help you achieve this goal, we’ve introduced a new Management Hub for organization administrators. The Management Hub will initially enable you to organize your labels into personalized folders, but more capabilities are on the way. In addition, we’ve enhanced our SCIM implementation and improved our Team Management experience.
We also continued enriching our regulatory coverage, expanding our content coverage, including: regulatory updates for legislations, banking, consumer protection, employment, insurance, privacy, and securities. Our new sources are particularly focused on consumer protection related matters across the globe including new sources in Austria, Belgium, Canada, European Union, France, Germany, Luxembourg, Mexico, Poland, Spain, Switzerland, United Kingdom, and the United States.
Personalize your organization’s labels experience with our new Management Hub
We’ve launched a new Management Hub to enable org admins to create targeted annotation experiences for different members of their organization. In July, we introduced a revamped Manage Labels feature as the first Management Hub capability. The Management Hub allows you to group your organization’s labels into logical folders, and then share the label folders with specific individuals on an Edit or View basis. For example, you can create jurisdictional, line of business, or topical folders so that only those for whom the labels are relevant can View or Edit labels.
The first step in using Management Hub capabilities is creating unique folders for groupings of labels.
Management Hub: Adding Folders
Once you’ve created your folders, you can share with the appropriate team and/or members, giving Edit or View permission.
Sharing Folders
Once you’ve added and shared your new folders, simply access your existing labels within the Public Folder, then move the relevant labels to your new folders.
Moving Labels to your new folders
Organizing your labels into folders and sharing will ensure that different members of your organization have optimal access to your labels. Those who need to see labels for informational purposes only (View) will be able to View, but not Add or Delete labels, those who need to manage particular labels (Edit), will be able to view, add or delete labels, and those who should not be aware of the labels will not see them at all.
Unique label viewing & editing experiences across your organization
If your organization needs to maintain confidentiality or even just clarity of purpose across different parts of your enterprise with respect to labeling, our new capabilities will help you balance the ease of use you’re familiar with in using Compliance.ai labeling with the need to create team, group, or even member-specific labels. All your org admin will need to do to start taking advantage of this capability is establish new label folders and move existing labels to the most appropriate folder.
If our current labeling capabilities work well for you, there is no need to take further action. All of your organization’s labels are available to you in a single Public Folder that is accessible to all organization members. If you don’t set up any new label folders, all new labels have been added to the Public Folder automatically.
Enhanced User Management: SCIM API Introduces User Modification Support
Compliance.ai’s SCIM API has been upgraded to include support for PATCH requests, enabling seamless user modification. This enhancement empowers our users to effortlessly handle user provisioning, access management, and now user modifications on our platform through their existing IAM (Identity Access Management) systems.
Whether it’s provisioning new users or fine-tuning access levels for existing ones, users can now leverage their corporate identity access/roles management systems for comprehensive control. This feature seamlessly integrates with our platform’s’ web-based user management capabilities.
If you or your IT team would like to manage users via your own corporate identity access/roles management system rather than using Compliance.ai’s web-based user management capabilities available in our platform, visit Compliance.ai SCIM Identity Management to get started as well as test the experience using our Interactive API under the SCIM dropdown.
Improved Team Management helps you organize your membersCompliance.ai’s Teams functionality is designed to help you organize your users into teams that map to their functional, geographic, or line of business responsibilities. Given the importance of teams, we’ve redesigned Teams functionality to improve both the performance and usability of this area of our platform.
If you are an Org Admin or a Team Admin and you haven’t set up teams for your organization yet, try our redesigned Teams functionality for an improved Default Filter, Workflow Management, and Management Hub experience.
Accessing Admin > Teams
Managing Team Members
Speed up Regulatory Intelligence research: One Source for Regulatory Intelligence: Expanding Regulatory Coverage
We continued expansion of our regulatory coverage. You can now follow recent regulatory updates across specific lines of business and jurisdictions across a variety of business and operational topics and jurisdictions:
Banking: related updates from Poland.
Consumer Protection: related updates from Northwest Territories and Quebec (Canada).
Employment: related updates from the United Kingdom.
Finance: related updates from Austria, Belgium, Switzerland, Germany, European Union, France, Mexico, Poland, Singapore, and the United States.
Insurance: related updates from the European Union, Pennsylvania
Legislations: related updates from Ontario, Spain, and Luxembourg.
Privacy: related updates from the European Union and Luxembourg.
Securities: related updates from Ontario (Canada), Germany, and Poland.
Austria: updates from the Alternative Investment Fund Managers Association (AUT-AIFM).
Belgium: updates from Febelfin Belgium, and Euroclear.
Canada: updates from the British Columbia Ministry of Public Safety & Solicitor General (CAN-BCPSSG), Northwest Territories Municipal and Community Affairs (CAN-NTMCA), Ontario Government (CAN-ONGOV), Ontario Securities Commission (CAN-OSC), and Quebec Office de la Protection du Consommateur (Consumer Protection Office).
Germany: updates from the Bundesverfassungsgericht (German Federal Constitutional Court) [DEU-BVerfG], Bundesgerichtshof (German Federal Supreme Court) [DEU-BGH], BVI (Competence Center for the German Investment Fund Industry) [BVI: News], Bundesverband Alternative Investments (DEU-BAI).
European Union: updates from the European Fund and Asset Management Association (EU-EFAMA), EU Commission (EU-COM), European Insurance and Occupational Pensions Authority (EU-EIOPA), and European Data Protection Board (EU-EDPB).
France: updates from the Association Francaise de la gestion financière [French Asset Management Association] (FRA-AFG).
Luxembourg:updates from Commission de Surveillance du Secteur Financier (Financial Sector Supervisory Commission) [LUX-CSSF], Luxembourg Constitutional Court (LUX-CC), Luxembourg Official Journal (LUX-CDD), Government of:Luxembourg (LUX-GOV), and Commission Nationale pour la Protection des Données (Data Protection Supervisory Authority Luxembourg) [LUX-CNPD].
Mexico: updates from the Mexican National Banking and Stock Commission (MEX-CNBV).
Poland: updates from the Narodowy Bank Polski (National Bank of Poland) [POL-NBP], Financial Supervision Authority (Komisja Nadzoru Finansowego) [POL-KNF], Warsaw Stock Exchange (POL-GPW).
Spain: updates from Banco De Espana (ESP-BDE), Ministerio de Asuntos Económicos y Transformación Digital (Ministry Of Economic Affairs And Digital Transformation) [ESP-MAETD], Ministerio de Asuntos Exteriores, Unión Europea y Cooperación (Ministry of Foreign Affairs, European Union and Cooperation) [ESP-EXT], Ministerio de Consumo (Ministry of Consumer Affairs Spain) [ESP-MDC], Ministerio de Hacienda y Función Pública (Ministry of Finance and Public Function) [ESP-MHFP], and Ministerio de Industria, Comercio y Turismo (Ministry of Industry, Trade and Tourism) [ESP-MICT].
Singapore: updates from Singapore Monetary Authority (SGP-MAS).
Switzerland: updates from Swiss Stock Exchange (CH-SIX),
United Kingdom: updates from the Department of Work & Pension (UK-DWP).
United States: updates from the Chicago Mercantile Exchange (CME), National Futures Exchange (NFA), Missouri Secretary of State (MO-SOS), Pennsylvania Department of Environmental Protection (PA-DEP), Pennsylvania Department of Health (PA-DOH), Pennsylvania Department of Revenue (PA-DOR), Pennsylvania Environmental Hearing Board (PA-EHB), Pennsylvania Insurance Department (PA-PID), Pennsylvania Housing Finance Agency (PA-HFA).
Tip of the Month: Talk to us about SSO for a simpler sign on experience.
Do you find yourself managing a hundred and one IDs and passwords for all the systems you need to access on a daily basis? If so, talk to us about implementing SSO for Compliance.ai. Once you implement SSO, your team can simply use their corporate login IDs to access pro.compliance.ai. That’s one fewer ID in your keychain!
Please visit Agency Sources within the documentation section of our Developer Platform website and bookmark the pages as we update them frequently!
Update your Default Filters at any time to take advantage of our new regulatory sources.
We hope you enjoyed this product update!
Client feedback is always welcome. Please contact our support team with any questions or feedback or schedule a time to review our new features. Remember that you can always access the Training Center under the Help (?) section of the platform for more information.
Compliance Artificial Intelligence
Horizon Scanning
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.
