Compliance
Legal-Grade™ AI for Compliance Teams
Enable compliance teams to operate with precision and agility, ensuring regulatory alignment across the business without manual overhead.
How Compliance Teams are Using Luminance
Expedite Early Stage Compliance
- Let business users instantly check new third-party agreements, with automatic, configurable compliance checks in parallel with generation and negotiation
- Luminance intelligently categorizes the counterparty to identify and run relevant checks, from cross-referencing sanction lists and analysing media exposure to apply jurisdiction regulation where relevant e.g. DORA/CCPA
Steamline Collaboration
- Issues are automatically escalated to the compliance team, along with AI-powered explanations, recommended fixes and suggested mark-ups to ensure compliance
- Automated workflows to route contracts between Legal, Compliance, Business Users and Counterparties
Monitor Ongoing Risk
- Continuously monitor existing relationships and current regulations, with automatic alerts to changing or emerging risks
- Access a live view of exposure and risk across all active relationships, displayed via an intuitive, real-time dashboard
- Configure business priorities to keep track of specific areas, from embargoed countries and sanctioned jurisdictions to relevant regulations and general areas of high risk
A Guide to AI for Compliance
Against today’s particularly volatile regulatory landscape, the introduction of competing and contradicting guidelines creates an increasingly complex landscape to navigate.
