Transform risk and compliance with Watson and Promontory
Financial institutions are reeling under the pressure of an increasingly complex and costly regulatory environment. The amount of regulations and pace of change is overwhelming. Currently, the only way for an organization to reduce risk and improve compliance is to spend more.
Enter RegTech and cognitive compliance
Deploying the right combination of expertise and technology will help firms manage new and changing regulations. Cognitive is a game changer for RegTech and the financial services industry. Much like how cognitive systems are helping oncologists determine the best cancer treatments, financial institutions will now be armed to make better informed decisions to manage risk and compliance processes and obligations, including regulatory change management, anti-money laundering, know your customer, conduct surveillance and stress testing.
Leverage the cognitive capabilities of Watson and the unparalleled domain expertise of Promontory to:
Better meet customer needs
Achieve greater operational efficiency
Gain a dynamic understanding and proactive view of obligations
Enable greater safety and security of your financial institution
RegTech Solutions Founded on Trust The Power of IBM and Promontory
“We see that the combination of IBM and Promontory is unique and creates a powerhouse RegTech capability for our financial services industry clients.”
- Bridget Van Kralingen, SVP, Industry Platforms and Watson Financial Services, IBM