Why Artificial Intelligence is Relevant to Regulatory Compliance

Brian Clark has had a front-row seat to both sides of the regulatory compliance coin: He was a regulator during the post-financial crisis in 2008. Years later, he transitioned to being a chief compliance officer and general counsel.

With such varied experience, the president and founder knew exactly what he set out to solve when he founded Ascent in 2015: simplifying the knowledge work required to keep up with regulations and maintain compliance. 

To help clients build and automate repeatable compliance programs, Ascent employs artificial intelligence (AI) to produce knowledge sets and streamline processes — for example, it can produce an output in two minutes for a task that could take humans thousands of hours (it’s true!)

In an episode of GRC & Me, Brian explains why AI is the right tool for the job because it allows “people to unlock their potential and their time to focus on different activities.”