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Streamlining Regulatory Compliance with TIBCO Cloud API Management: A Compliance.ai Case Study
Technology Category
- Analytics & Modeling - Machine Learning
- Application Infrastructure & Middleware - API Integration & Management
Applicable Industries
- Buildings
- Cement
Use Cases
- Inventory Management
- Regulatory Compliance Monitoring
Services
- Cloud Planning, Design & Implementation Services
- System Integration
The Challenge
The management of regulatory changes is a significant challenge for financial companies. The process is often costly, time-consuming, error-prone, and unpredictable. The volume of regulatory information published by state and federal governments is overwhelming, and financial companies are forced to invest heavily in manpower to keep up. Compliance.ai offers solutions to these inefficiencies, helping financial services companies manage and respond to the growing volume and pace of regulatory change. Their platform includes purpose-built machine learning models and an API for programmatic access to regulatory information. However, the challenge was managing access to the API and its offerings.
The Customer
Compliance.ai solutions
About The Customer
Compliance.ai is a company that provides solutions to financial services companies struggling with the management of regulatory changes. Their platform includes machine learning models and an API for programmatic access to regulatory information. The company aims to help financial companies manage and respond to the growing volume and pace of regulatory change more efficiently. Their customers are financial institutions and businesses that need to stay updated with the latest regulations. These customers use Compliance.ai's data to build new applications and features, and feed information into existing platforms and systems.
The Solution
Compliance.ai chose TIBCO Cloud API Management as their platform for managing access to their API. According to CEO Kayvan Alikhani, the platform provided full-featured API, developer, key, and application management capabilities. It also offered an easy-to-use interface that allowed users to interact with the API quickly and see the value of the solution without having to write a single line of code. The API provided secure and personalized access to a vast repository of highly curated financial regulatory content. It enabled seamless integration of the latest updates in regulations for financial institutions and businesses. Developers could use Compliance.ai's data to build new applications and features, and feed information into existing GRC and IRM platforms, FinTech applications, content management systems, and more.
Operational Impact
Quantitative Benefit
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