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

AI in financial advice starts with data that's fit for purpose

AI in financial advice starts with data that's fit for purpose

'The firms that benefit most from AI will be those that fix their foundations first'

Luke Miles
clock 26 March 2026 • 4 min read
Adventures in AI: Where next for AI in advice?

Adventures in AI: Where next for AI in advice?

Part three in the series...

Mike Morrow
clock 25 March 2026 • 4 min read
Can small advice firms still compete in a tech-driven market?

Can small advice firms still compete in a tech-driven market?

When AI is finally cracked in the context of financial advice, the competitive advantages will be enormous. The question is whether the economics of the technology market will let smaller firms share in them, writes Max Anderson

Max Anderson
clock 25 March 2026 • 3 min read