Samantha steals the show

November 2017 Kompli-Global

Over 100 senior US compliance professionals and regulators gathered to learn more about how RegTech can help compliance departments meet the many challenges they are facing.

Samantha received a spontaneous round of applause after John demonstrated how she continually and consistently monitors for all publicly available relevant risk information, often known as “negative information”, which includes sanctions and watch-lists, watchdogs, business registrations, regulatory filings and databases, as well as blogs, digital and traditional media.

The reason why she is a top digital assistant is that she helps human analysts and managers who might otherwise overlook relevant items or spend days researching before they detect them. Samantha can find and collate this information much more quickly, updating relevant staff immediately on potential risks. This makes the on-boarding of new and monitoring of existing customers significantly easier.

Kompli-Global’s Chairman, John Davies, demonstrated how Samantha as the human face of the company’s global search platform “kompli-IQ” provides staff with the information they need to make better informed, compliant, risk decisions. The Kompli-IQ platform cross-references over 500 key ‘stem-word’ search terms against each target subject to establish any connection with published negative news.

“Samantha was so popular that I spent the rest of the event fielding follow up questions on how she could help event attendees meet their compliance challenges,” says John.