Cognitive Compliance: Regulatory Q&A System - overview
Regulatory Question & Answering System is a Cognitive Application that helps Compliance Officers. Here an automated system takes care of creating a Regulatory Knowledge Base, keeping track of the latest amendments issued by the regulators, and updating the knowledge base. Compliance Officers can ask questions directly on this Knowledge Base, instead of looking up the Regulator’s website or documents. This reduces the manual effort involved and also reduces human errors. This system can also help relatively inexperienced Compliance Officers to leverage the Institutional Knowledge gained over time by more experienced officers.