BIGGERWIDE FOR COMPLIANCE DIRECTORS AND MANAGERS WITHIN LEGAL DEPARTMENTS

HOW CAN WE USE BIGGERWIDE AI?

Compliance Managers at legal and financial institutions can use BIGGERWIDE AI to streamline and enhance their compliance processes through intelligent data analysis and automation

BIGGERWIDE AI’s ability to process and analyze large volumes ofunstructured data from regulatory filings, internal policies, andtransaction records enables Compliance Managers to identify potentialcompliance gaps and ensure adherence to relevant laws andregulations.

The platform’s secure, on-premises architecture protects sensitiveinformation, addressing critical privacy concerns while providing real-time monitoring and reporting capabilities. By leveraging BIGGERWIDEAI, Compliance Managers can proactively manage compliance risks,reduce administrative burdens, and maintain a robust complianceframework that supports the organization’s integrity and regulatoryobligations.

Examples of areas where Compliance Managers & Directors can use BIGGERWIDE AI

Regulatory Compliance Audits

Compliance Directors and Managers can utilise BIGGERWIDE AI to conduct thorough regulatory compliance audits. By analysing vast amounts of unstructured data such as internal policies, regulatory filings, and communication records, the platform can identify compliance gaps and potential violations. This enables legal departments to proactively address issues before they escalate, ensuring adherence to industry
regulations and avoiding costly penalties.

Policy Monitoring and Enforcement

BIGGERWIDE AI can help Compliance Managers monitor the implementation and effectiveness of company policies across various departments. The platform can analyse internal communications, transaction records, and employee activities to detect any deviations from established policies. This continuous monitoring ensures that all employees adhere to the company's compliance standards, reducing the risk of internal fraud and misconduct.

Compliance Training and Reporting

Compliance Directors can use BIGGERWIDE AI to design and evaluate compliance training programs. By analyzing employee performance data and feedback, the platform can identify areas where additional training is needed and measure the effectiveness of existing programs. Additionally, BIGGERWIDE AI can generate comprehensive compliance reports for internal review and external regulatory bodies, demonstrating the organization's commitment to compliance and continuous improvement.