Compliance & Risk Management

Intelligent Compliance Automation

Transform compliance and risk operations with AI-powered regulatory monitoring, automated policy interpretation, and accelerated audit preparation—reducing compliance research time by 55-65% and deflecting 60-70% of policy inquiries.

55-65% faster research
60-70% inquiry deflection
50-60% faster audit prep

Regulatory Compliance & Policy Intelligence

Answer questions about regulatory requirements, identify policy gaps, provide instant policy guidance with citations, and ensure consistent interpretations—reducing compliance research time by 55-65% and deflecting 60-70% of policy inquiries.

  • Instant regulatory requirement lookup and impact assessment
  • Automated policy interpretation with source citations
  • Cross-jurisdictional compliance monitoring and tracking
  • Ethics guideline interpretation and precedent lookup

Audit Preparation & Risk Assessment Automation

Instantly surface relevant documents, past audit findings, remediation records, and control testing results—reducing audit preparation time by 50-60% and accelerating risk assessments by 45-55% through automated risk factor identification.

  • Automated audit evidence retrieval and compilation
  • Historical audit finding and remediation tracking
  • Risk factor identification and mitigation recommendations
  • Contract and vendor risk assessment automation

See It In Action

Regulatory Requirement Lookup

What are the GDPR requirements for data retention of customer communications?
GDPR Data Retention Requirements:

Core principle:
• Data must not be kept longer than necessary for the purpose
• No specific retention period mandated

Best practices:
• Define retention periods in privacy policy
• Customer communications: 3-7 years typical
• Document business justification for retention
• Implement automated deletion after period expires

Reference: GDPR Article 5(1)(e), Company Policy 4.2

Policy Interpretation

Can employees accept gifts valued under $100 from vendors?
Gift Acceptance Policy:

✓ Permitted:
• Gifts under $50 per occasion
• Total annual value from single vendor < $150
• Must be disclosed in quarterly ethics report

⚠ $100 gift requires:
• Manager pre-approval
• Immediate disclosure to Compliance
• Business justification documentation

Reference: Code of Conduct Section 3.4

Audit Evidence Retrieval

Auditor requesting: Show evidence of quarterly access reviews for Q2 2024.
Q2 2024 Access Review Evidence:

✓ Completed reviews:
• IT Systems: June 15, 2024 (Reviewer: J. Smith)
• Financial Systems: June 18, 2024 (Reviewer: M. Chen)
• HR Systems: June 20, 2024 (Reviewer: K. Patel)

Documentation:
• Access Review Reports (3 files)
• Remediation tracking spreadsheet
• Manager approval emails

Location: Audit folder /2024/Q2/Access-Reviews

Risk Assessment

Evaluate compliance risks in proposed vendor contract with CloudTech Solutions.
CloudTech Solutions - Risk Assessment:

⚠ Identified risks:
• Data processing location: Non-EU servers
• Subprocessor clause lacks approval rights
• Liability cap below company standard

✓ Recommended mitigations:
• Require EU data residency addendum
• Add subprocessor approval clause
• Negotiate liability cap to $5M minimum

Risk level: Medium (manageable with amendments)

Regulatory Change Impact

New SEC cybersecurity disclosure rules effective Dec 2024. What's our compliance gap?
SEC Cybersecurity Rules - Gap Analysis:

✓ Already compliant:
• Incident response plan documented
• Board cybersecurity oversight established

⚠ Action required:
• Implement 4-day material incident disclosure process
• Update 10-K to include cyber risk management description
• Formalize CISO reporting to Audit Committee

Timeline: 90 days to full compliance
20 hours
Audit preparation time
vs. 40-50 hours manual
50-60% time savings

Ready to Transform Your Compliance Operations?

Join leading organizations using SmoothOperator.ai to accelerate regulatory research, automate policy interpretation, and streamline audit preparation.