Problem

Modern Indian companies face challenges in keeping up with regulatory requirements and ensuring compliance. Manual tracking of regulatory updates and compliance statuses is inefficient and prone to errors.

Solution

Mastork developed ComplyAssist, an AI-powered compliance assistant platform. It uses various APIs to gather up-to-date information on regulatory requirements and alerts users about missing or pending compliance actions. The platform also includes collaboration features to facilitate communication and task management among compliance teams.

Conclusion

ComplyAssist has significantly improved the compliance management process for Indian companies. By automating regulatory tracking and providing real-time alerts, the platform ensures that companies stay compliant with minimal effort and reduced risk of penalties.