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Risk, Fraud & Compliance New

Corlytics

Corlytics sells regulatory risk intelligence and policy compliance software to financial institutions and to regulators themselves. Natural language processing classifies…

Overview

Corlytics sells regulatory risk intelligence and policy compliance software to financial institutions and to regulators themselves. Natural language processing classifies regulatory text across client defined business lines, categories and themes with relevancy scoring; a large language model summarizes legal and regulatory content and extracts obligations, entities and dates from it; and classification ranks obligations by criticality so compliance teams can allocate resources. A separate risk analytics capability ingests enforcement actions and fines from major authorities and shows how comparable compliance failures have been penalized. Coverage spans more than 120 countries and over 2,500 regulatory authorities plus global standard setting bodies, with original language text, translations and redlined version comparison. Acquired policy technology carries the second half of the platform, mapping regulatory change to internal policies and controls and providing attestation and traceability, so a firm can evidence to a supervisor how a change was assessed, implemented and communicated. The company has grown as a consolidator, taking in the SparQ monitoring platform from a global bank in January 2023, the policy management vendor Clausematch in July 2023 and a professional services firm's regulatory technology platform in November 2024, under majority ownership by a European growth investor since 2024.

Details

Pricing See website
Category Risk, Fraud & Compliance
Popularity New
Updated
Risk, Fraud & Compliance Insurance Investment Research

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