In a multinational bank:
Regulatory requirements updates (additional or more refined legislation) ask for complex manual analysis activities.
Required resources for these analysis activities are scarce and requested for multiple change projects.
Timelines set by the regulator are short to remain compliant for regulatory reporting.
Accelerate the manual analysis activities:
Detailed requirements determination for the AI tool.
Technical implementation of AI tooling: AI application and SQL storage on Cloud environment (Azure), script programming in Python.
Usage of local version of the public Large Language Model (OpenAI). Governance, process and future way of working after implementation (human in the loop).
Training and communication to end users
Faster implementation time of regulatory changes: improved compliancy.
Less critical resources required: reduce time and costs.