EP650: How LLMs can make compliance more effective in financial markets

Matt Smith, Chief Executive Officer & Co-Founder, SteelEye

Global regulators are continuing to fine investment banks and investment managers for failing to monitor employee business communications. Offering a potential solution, Steeleye’s new Compliance CoPilot uses the capabilities of advanced Large Language Models (LLMs) to accelerate the communication Surveillance Alert Review process. The bottom line is compliance is getting more complex and an AI-enabled assistant could offer significant cost-savings while boosting analyst efficiency and the scalability of the compliance function. Robin Amlôt of IBS Intelligence speaks to Matt Smith, Chief Executive Officer and Co-Founder of SteelEye.