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Episode 3  |  15:41 min

Why Artificial Intelligence is Relevant to Regulatory Compliance

Episode Thumbnail
Episode 3  |  15:41 min  |  05.05.2021

Why Artificial Intelligence is Relevant to Regulatory Compliance

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This is a podcast episode titled, Why Artificial Intelligence is Relevant to Regulatory Compliance. The summary for this episode is: <p><span style="background-color: transparent; color: rgb(0, 0, 0);">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.</span></p><p><br></p><p><span style="background-color: transparent; color: rgb(0, 0, 0);">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.&nbsp;</span></p><p><br></p><p><span style="background-color: transparent; color: rgb(0, 0, 0);">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 </span><em style="background-color: transparent; color: rgb(0, 0, 0);">thousands</em><span style="background-color: transparent; color: rgb(0, 0, 0);"> of hours (it’s true!)</span></p><p><br></p><p><span style="background-color: transparent; color: rgb(0, 0, 0);">In an episode of GRC &amp; 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.”</span></p>