What is the role of Artificial Intelligence in compliance? What about Machine Learning? Are you using ChatGPT? These questions are but three of the many questions we will explore in this cutting-edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance.
In this episode, Tom visits with Sage Franch, CEO and co-founder of Rulebook, and Scott McCleskey, a member of Rulebook’s board of advisors, who discuss their innovative AI-driven solutions for regulatory compliance.
Franch describes his extensive background in AI, emphasizing its transformative impact on driving business growth and organizational resilience. McCleskey, with over 30 years in compliance, highlights the challenges of navigating complex regulatory environments and the siloed nature of compliance functions. The conversation explores Rulebook’s AI tools like Regufy and PolicyProtect, which enhance compliance professionals’ abilities by processing vast amounts of regulatory information quickly, thus aiding in proactive and informed decision-making. Moreover, the discussion challenges misconceptions about AI, suggesting that it should augment rather than replace human capabilities, offering support in managing compliance risk proactively and efficiently. The episode concludes with insights into the potential future evolution of compliance tools and the role of AI in wider regulatory contexts.
Key Highlights:
- Challenges in Regulatory Compliance
- AI’s Role in Compliance
- Misconceptions About AI
- AI Supporting Compliance Professionals
- Rulebook AI’s Human-in-the-Loop Approach
- Future of AI in Compliance
Resources:
Sage Franch on LinkedIn
Scott McCleskey on LinkedIn
Tom Fox
