JWG is a natural language fit for BMO
Analyst firm JWG will provide BMO Capital Markets with its artificial intelligence (AI) natural language processing (NLP) change management system RegDelta.
According to JWG, RegDelta was designed to bring control, accountability and assurance to the significant task of managing regulatory change.
“This system will enable us to manage the global regulatory challenges that we’re facing in a comprehensive manner,” says Chris Taves, COO, global capital markets, BMO. “RegDelta will help automate the processes required to identify new obligations and manage the required change efficiently and effectively.”
PJ Di Giammarino, CEO at JWG, says: “JWG are using NLP to replace manual efforts to map regulators’ changing requirements to business models in an efficient and traceable manner.”
He adds: “By implementing industry standards, we are now quickly integrating our proprietary intelligence in a way that our clients control.”