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large language models and banking compliance
The following series of short videos explores the basics of Large Language Models and their use withing banking compliance environments
Check back on March 27th as we turn our eyes toward Use Cases: LLM's in Banking Compliance.
From NuArca Labs
Overview of LLM's in Banking Compliance Environments
March 1, 2024
Large language models (LLM’s) are already impacting banking compliance.
This technology is going to sweep through every role in every industry and
compliance is no exception. It has the potential to create massive efficiencies, and while
it's not coming directly for you or your role the individuals and banks who are using it better than you
are will gain a competitive advantage.
Studies are showing there is an almost immediate advantage for those groups who are embracing LLM’s.
Why Now is the right time to deploy LLM's in your Banking Compliance Environment
March 1, 2024
The pace of change in compliance is unrelenting : large language models can help you deal with that.
Compliance groups are chronically understaffed and have
been for decades. This is even more pronounced now as the number of regulations that need to be
followed and tracked and adhered to is absolutely exploding … and showing no signs of slowing down
at all.
Large language Model (LLM) technology is very well aligned with the needs of compliance departments as it is very language oriented and can help bring efficiency back to compliance and regulatory.
Coming Soon
LLM's in Banking Compliance: Use Cases – Part 1
March 27, 2024
Use Cases: Part 1
Is there a question about LLM's you'd like us to address? We would love to hear from you. Contact us today to see how LLM's can help imrpvie your banking compliance workflows today.
