Structured Regulatory Compliance Through Knowledge Models
Ontologies, Taxonomies, Data Modeling | KGC 2023
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23m
Regulatory complexity is causing a heavy burden on financial institutions, especially when markets expect more rapid innovation to serve its needs. Meanwhile, regulators keep placing more and more expectations to protect the financial, economic and social systems. Despite AI’s great strides in text processing, the compliance burden stands to benefit the most from simpler, structured ways of encoding and sharing knowledge that fills the gap of modern risk-based, implementation-specific approaches.
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