Regtech firm Model Office has launched artificial intelligence (AI) powered training and competence (T&C) dashboards to help advice firms meet regulatory requirements.
The firm set out that T&C supervision has always suffered from "swivel chair compliance" with supervisors and auditors using "disparate" resources such as check lists, spreadsheets and legacy ‘repository tech' to try and monitor all T&C key performance indicators (KPI). Following consultation and requests from clients, Model Office has launched an "integrated, data driven and AI empowered" T&C software ‘hub'. The dashboards are intended to be a "one-stop-shop" which automates assessment and supervision, via integrations with back-office tech, the Financial Conduct Authority (FCA) regi...
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