Artificial Intelligence in Compliance

April 9th, 2019

How Profiles can materially strengthen your compliance program while enhancing GDPR compliance

Profiles on Desk

The use of Artificial Intelligence (AI) in compliance is not a new concept. Neither is the creation of a Profile database to facilitate a multinational company’s compliance-related due diligence and risk assessment efforts. However, using AI to create, enhance, refine and update said Profiles is a relatively new innovation. With AI, millions of records and news articles can be aggregated, linked, and structured into individual Profiles which can then be updated in real-time. Nonetheless, this still brings up some highly relevant questions, such as:

  1. Why should compliance industry professionals use Profiles?
  2. What are the benefits of applying AI technology to Profiles?
  3. How might data privacy issues and GDPR impact Profiles?

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