Model Office launches AI compliance audit software for advice firms

Streamline client file reviews and compliance document audits

Isabel Baxter
clock • 2 min read

Regtech business Model Office has launched an artificial intelligence (AI) compliance audit software to help advisers streamline client file reviews, compliance document audits and training and competence reporting.

By incorporating generative AI features and development, Monitor AI focuses on automating and streamlining business supervision audit activities. It offers aggregated business supervisory dashboards, incorporating the firm policies and procedures, integrated adviser training and competence key performance indicators (KPIs), continuing professional development, and supervisory activities to deliver real time data on firm and their regulated individuals' performance. Additionally, firms can also carry out automated advice suitability reviews, benchmarking client fact find data and produ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

'Excessive conservatism': Wealth fintech risks being left behind

'Excessive conservatism': Wealth fintech risks being left behind

'Nobody gets fired for buying IBM'

Alex Cowan-Sanluis
clock 11 July 2025 • 4 min read
Advisers told AI is 'only as good as the data you feed it'

Advisers told AI is 'only as good as the data you feed it'

Avenir’s MacDonald urges advisers to look at internal processes first

Isabel Baxter
clock 10 July 2025 • 2 min read
AI: Why financial advice is on the brink of a rapid revolution

AI: Why financial advice is on the brink of a rapid revolution

Three practical steps advisers and planners can take now

Rohit Vaish
clock 08 July 2025 • 5 min read