Description
AscentAI is a pioneering regulatory technology platform designed to transform the way businesses handle compliance. Launched in 2015, AscentAI empowers financial institutions to navigate the complex and dynamic world of regulatory compliance with speed and confidence. The platform automates the full regulatory lifecycle, significantly reducing the time and effort required for compliance tasks that traditionally took days or weeks.
The core of AscentAI's offering is its Regulatory Lifecycle Management (RLM) Platform, which integrates horizon scanning and change management automation. This platform is composed of two key modules: AscentHorizon and AscentFocus. AscentHorizon provides a consolidated view of regulatory developments, including news, guidance, and amendments, tailored to user-specific needs. It eliminates irrelevant information and offers automatic document linking capabilities for a comprehensive perspective.
AscentFocus automates change management by establishing a robust Obligations Inventory that defines all the rules a business needs to comply with. It identifies obligation gaps and duplicates, automates change management processes, and integrates seamlessly with leading GRC platforms. This ensures that obligations, policies, and controls reflect current regulatory requirements, providing end-to-end traceability and audit readiness.
AscentAI's solutions are designed for financial institutions and compliance teams that need to manage complex global regulations. By automating manual processes, AscentAI reduces costs, minimizes risks, and enhances productivity, allowing teams to focus on higher-value work. The platform's AI-driven insights enable collaborative decision-making and help businesses scale compliance efforts as they expand into new markets and jurisdictions.
Overall, AscentAI offers a comprehensive suite of tools that revolutionize regulatory compliance, providing businesses with the agility and responsiveness needed to thrive in a rapidly evolving regulatory landscape.
AscentAI's Core Features
Automates full regulatory lifecycle
Real-time global horizon scanning
Change management automation
Comprehensive audit trails
Seamless GRC platform integration
Obligations Inventory management
AI-driven insights and summaries
End-to-end traceability
Automatic document linking
Policy and control mapping
Global regulatory coverage
Collaborative workflows
Automatic alerts on updates
Built-in reporting tools
Eliminates manual processes
How to use AscentAI?
Configure: Set up your regulatory map and obligations inventory
Use: Monitor regulatory updates with AscentHorizon
Automate: Manage changes with AscentFocus
Optimise: Integrate with GRC platforms for seamless compliance
AscentAI's Use Cases
- Regulatory Monitoring
- Change Management
- Audit Readiness
- Risk Management
- Productivity Enhancement