How AI is reshaping compliance teams and regulatory operations in India

By Dr. Kanishk Agrawal Chief Technology Officer at Judge Group, India

In the last decade, the regulatory landscape in India has changed very quickly due to the factors of digitization, the move towards financial inclusion, the various data localization mandates, and increased scrutiny placed on industries such as banking, fintech, health care, telecom, and technologies. Some of the key players in India’s regulatory environment (e.g., RBI, SEBI, etc.) have begun to create more nuanced frameworks for things such as data protection, cybersecurity, risk management, and consumer protection amongst others.

As a result, there is a greater volume of compliance documentation and ongoing monitoring and reporting against these ever-tightening timelines. Traditional manual methods of compliance were once adequate but now struggle to keep pace with the increased volume, speed, and complexity of ongoing regulatory change.

From Manual Processes to Intelligent Compliance Systems
AI is fundamentally changing ...