Ospyn AI Compliance Screening Solution

Your ideal partner in ensuring banking regulatory compliance and staying ahead with greater speed, precision, and confidence.

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All About Ospyn AI Compliance Screening Solution

Ospyn AI Compliance Screening solution checks businesses against regulatory requirements, watchlists, and risk indicators to ensure complete compliance as per central banks’ regulatory updates. Our Gen AI technology helps banks and financial institutions meet today’s compliance challenges with ease.

Why is the Ospyn AI Compliance Screening Solution a must for you?

Ospyn AI’s Compliance Screening Solution is something you can’t neglect in today’s era. It’s a mandatory requirement in all banking and financial institutions. Our Compliance Screening Solution for financial institutions monitors, filters, and prevents compliance challenges while protecting your business integrity and credibility.

Compliance Challenges That Banks Face Today: The Hidden Costs

From responding to central bank circulars to adapting to regulatory changes and policy updates, banks face endless compliance challenges. Here are the major issues causing significant operational gaps and compliance risks for financial institutions.

1

Manual Monitoring

Manual regulatory monitoring leads to delayed identification of Central Bank master directions and amendments, causing high-level compliance risks for banks and financial institutions.

2

Outdated SOPs

Outdated standard operating procedures lead to increased risk of new compliance rules getting overlooked, causing non-compliance at both branch and customer levels.

3

Organisational Risk Exposure

The delay in response to high-risk customers as per the new directives can affect the organisation adversely and lead to risk exposure.

4

Damage to Trust and Credibility

Inconsistent execution of compliance rules and failure to comply with the latest regulatory norms cause damage to credibility, trust, and reputation.

Benefits of Ospyn AI Compliance Screening Solution

  • Intelligent Policy Mapping – Gen AI automatically maps regulatory changes to relevant SOPs, flags affected policies, and shares alignment insights across all user departments.
  • Proactive Customer Impact Engine – Advanced algorithms map central banks’ directives to customer data, identify at-risk profiles, and flag potential compliance exposures.
  • Instant Regulatory Alerts – Delivers instant alerts and AI-generated summaries of regulatory updates to enable rapid implementation and ensure complete compliance.
  • Continuous Regulatory Monitoring – Monitors central bank’s website using Gen AI to detect amendments and provides instant notifications with automated impact assessment.
  • Automated Compliance Integration – Integrates with Core Banking Systems (CBS) to auto-apply new screening rules and embed regulatory checkpoints.