ViCA.Chat, an AI-powered Virtual Compliance Assistant, is set to develop regulatory compliance consulting. Developed collaboratively by ComplyMAP Group's AI engineers and Complyport's compliance consulting teams, ViCA represents a significant leap forward in governance, risk, and compliance support services.
Real-Time Support
ViCA provides real-time assistance across UK and EU regulatory frameworks, emphasizing efficiency and precision. Drawing on Complyport's 22 years of regulatory expertise, ViCA utilizes specialized databases and AI training tools to function as a seasoned compliance consultant.
ViCA's refinement process includes human support, feedback loops, and quality assurance sessions to ensure businesses receive instant updates and access to current regulatory information.
"With ViCA, compliance insights become available to all. No longer are regulated firms and responsible people overly dependent on advisors and compliance consultants,” commented Luis Parra, Managing Director of ViCA.
“Through ViCA, the financial system will not only meet but exceed regulatory standards. Moreover, the level of information made available to the public will benefit society as a whole, in its interactions with the financial services sector.”
Adaptable Regulatory Solutions
Central to ViCA's service is its access to proprietary regulatory interpretations, historical data, and structured compliance documentation. Using advanced scraping capabilities, ViCA extracts relevant data from designated websites to offer comprehensive compliance insights across various industries.
ViCA seamlessly adapts to the needs of fintech startups, law firms, financial institutions, regulatory bodies, insurance providers, and compliance consultants. Its user-friendly interface simplifies navigation and regulatory data analysis, optimizing the compliance workflow.
ViCA's cost-effective approach reduces reliance on traditional consulting expenses, making it an attractive option for businesses seeking efficient compliance solutions without compromising accuracy or depth of regulatory knowledge.
