How Leading Companies Use Regology

Scenario

A compliance team manages regulations across multiple jurisdictions and topics, a complex task requiring error-free organization and easy access to relevant laws. With frequent regulatory updates and the need for precision, the team needs an efficient way to manage regulations without losing time or risking compliance gaps.

Solution

Regology’s Smart Law Library offers a centralized repository for storing, categorizing, and managing all relevant laws and regulations with automatic version control and regulatory change tracking. The platform enables the compliance team to organize regulations by jurisdiction, topic, and keyword, allowing for quick and precise searches. This functionality provides a streamlined solution to managing the complex and ever-evolving regulatory environment.

Key Features
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‍Centralized Repository: All regulations are stored in one easily accessible location, acting as one source of truth.
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Categorization and Tagging: The law library categorizes regulations by jurisdiction, topics, and other custom tags to allow for efficient sorting and filtering.
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Search Functionality: Teams can quickly search for specific regulations or topics, ensuring they always have the latest and most relevant information.
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Continuous Updates: Applicable laws and regulations are updated automatically, with notifications when changes occur, ensuring content stays current.
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Targeted Regulatory Alerts: Receive alerts tailored to the laws in your library, reducing unnecessary notifications and highlighting only those changes that directly impact your organization.

Benefit

With Regology’s Smart Law Library, compliance teams can significantly enhance their accuracy, automate change management, and reduce the time spent on regulatory research, allowing them to focus on higher-level tasks. This solution helps ensure comprehensive compliance across the organization by keeping all regulatory information organized, up-to-date, and easily accessible on a single platform.

Scenario

The compliance team is responsible for keeping the organization compliant with hundreds of laws and regulations that span various jurisdictions. However, as new bills are introduced and regulations frequently change, managing the volume of updates from different sources manually becomes next to impossible without deprioritization and risking compliance gaps. The team needs a solution that can automatically track and notify them of relevant regulatory updates.

Solution
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Regology’s Regulatory Change Alerts automatically notify the compliance team whenever there are updates or changes to laws that impact their business—or which new ones are on the horizon. These notifications are tailored to the organization's specific needs and routed to the right team members, ensuring that everyone is informed about new or amended regulations that are relevant—without the burden of manual monitoring.

Key Features

Automated Alerts: Update notifications alert the team to changes in laws or regulations, ensuring they are always up to date.

Customizable Monitoring: The system allows the compliance team to monitor specific jurisdictions, industries, and regulatory topics based on their needs.

Horizon Scanning: Stay ahead of upcoming changes by monitoring bills and proposed rules, enabling the compliance team to anticipate and prepare for regulatory updates.

Automation of Manual Work: The automation eliminates the need for the team to manually track regulatory updates, allowing them to focus on high-value priorities.

Relevancy Filtering: Regology’s AI, Reggi, automatically rates alerts based on their relevance, helping the team prioritize the most critical updates.

Targeted Alerts: Alerts can be routed to specific teams based on the topic, such as the AML team, or based on regional ownership, like Brazil.

Benefit

‍With Regology’s automatic regulatory change alerts, the compliance team stays up-to-date on the latest legal developments effortlessly. This helps ensure the organization remains compliant, avoiding potential compliance gaps that could lead to penalties or reputational damage. The streamlined process increases efficiency and reduces the risk of missing critical regulatory updates.

Scenario

‍A compliance team is tasked with analyzing complex regulations to identify requirements, assess risks, and draft policies efficiently. The manual process of combing through legal texts is time-consuming, and the team needs a faster way to extract insights and draft policies to ensure compliance.

‍Solution
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‍Regology’s legal query tool, Reggi, harnesses generative artificial intelligence (GenAI) to help the compliance team fast-track their research. By inputting plain language queries or leveraging pre-built skills, users can access Reggi’s capabilities to discover laws, extract key insights, summarize requirements, and draft necessary controls and policies. This not only accelerates the analysis of regulatory content but also supports cross-jurisdictional research, helping the team identify gaps and ensure comprehensive compliance across multiple regions.

‍Key Features

Natural Language Queries: Users can input compliance questions in plain language, enabling Reggi to search dense regulatory texts and provide clear, actionable answers.

‍Discovering Regulatory Content: Easily find relevant laws and regulations across various jurisdictions, saving time on research.

‍Summarizing Laws and Regulations: Reggi provides concise summaries of complex legal texts, helping the team quickly grasp the key points.

‍Extracting and Summarizing Requirements: Automatically extract and summarize the core regulatory requirements, reducing the need for manual review.

‍Cross-jurisdictional Research: Perform efficient research across multiple jurisdictions, identifying regulatory differences and similarities.

‍Drafting Controls and Policies: Leverage GenAI to draft compliant requirements, controls, and policies that align with regulatory frameworks.

‍Answering General Compliance Questions: Reggi can quickly respond to general compliance inquiries, saving the team time and providing accurate information.

‍Benefit
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‍With Reggi, the compliance team can conduct in-depth analysis and draft policies more quickly and efficiently. Leveraging GenAI for deeper regulatory insights reduces the time and effort required for manual analysis, enabling the team to focus on strategic compliance management and ensuring that regulatory requirements are met with higher accuracy.

Scenario

‍Compliance managers have to ensure that internal policies, risks, controls, and compliance measures are directly tied to relevant legislation. However, manually connecting these compliance objects to the correct laws and regulations can be a time-consuming and error-prone process.
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‍Solution

‍Regology’s Mapping Capabilities enable compliance managers to directly connect compliance objects—such as policies, controls, and risks—to the relevant legislation. This allows the compliance team to easily track how each compliance element relates to specific regulatory requirements, ensuring that all compliance activities are aligned with the correct legal frameworks.

‍Key Features

Direct Mapping to Legislation: Easily link policies, risks, and controls to the corresponding laws and regulations, ensuring a clear and accurate compliance framework.

‍Automated Updates: As laws change, the system automatically updates the connections, ensuring that compliance objects remain aligned with current legislation.

‍Holistic View of Compliance: Visualize how internal compliance efforts map to regulatory requirements, providing a clear, organized structure for managing compliance obligations.

‍Benefit

‍By mapping compliance objects directly to relevant legislation, Regology’s platform allows compliance teams to maintain a clear and accurate link between their policies, risks, and controls, and the legal frameworks they must follow. This reduces the risk of compliance gaps, streamlines audit preparation, and ensures that all compliance activities are based on up-to-date regulatory requirements. The result is a more efficient, organized, and legally aligned compliance strategy.

Scenario

‍The compliance team must explore new regulatory topics and gather comprehensive data from multiple states to stay ahead of emerging regulations. They need an efficient way to conduct thorough research and integrate new laws into their existing compliance framework.

‍Solution

‍Regology’s platform offers Advanced Search features that allow the compliance team to perform in-depth regulatory research across various topics, industries, and jurisdictions. The platform allows for easy addition of new laws, regulations, and requirements to their centralized law library, ensuring that all relevant legal content is tracked and accessible.

‍Key Features

In-Depth Research Tools: Access comprehensive data on a wide range of regulatory topics across multiple jurisdictions at a time.

‍Law Library Incorporation: Easily add laws and regulations to the organization’s library, where they are automatically tracked for updates to ensure ongoing compliance.

‍Jurisdictional Coverage: Explore regulations across different jurisdictions, ensuring no critical developments are overlooked.

‍Benefit

‍With Regology’s advanced search capabilities, compliance teams can expand their regulatory base, stay updated on emerging regulations, and proactively manage compliance in multiple jurisdictions. This helps ensure that the organization stays ahead of regulatory changes and maintains comprehensive, up-to-date compliance strategies.

Scenario

‍The organization relies on multiple systems, including Governance, Risk, and Compliance (GRC) platforms, to manage compliance. To ensure consistent data management and reduce the complexity of handling compliance across different platforms, the organization needs a solution that integrates smoothly with their existing GRC system.

‍Solution

‍Regology offers flexible deployment models that allow organizations to integrate with their existing compliance infrastructure. Whether your organization needs Regology as a data source for regulatory documents or as a comprehensive regulatory change management (RCM) solution, Regology’s platform adapts to your needs. You can use Regology for initial regulatory change assessments or as a fully integrated RCM platform, syncing compliance objects like regulations, authoritative documents, controls, and policies into your GRC system for seamless compliance management.

‍Key Features

System Integration: Connect with your preferred GRC provider or leverage Regology’s ready-to-use partner solutions for seamless integration and data integrity.

‍Unified Compliance Management: Centralize regulatory data to ensure all systems work cohesively, streamlining compliance tracking.

‍Real-time Synchronization: Keep all data up-to-date with automatic synchronization, reducing the need for manual updates and minimizing errors.

‍Flexible Deployment Models:
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‍Use Regology as the authoritative data source for documents, citations, and regulatory change alerts while conducting impact assessments in your GRC.

Employ Regology for full regulatory change management and sync regulations, controls, and policies into your GRC for compliance management.

Perform preliminary regulatory change assessments in Regology, and handle detailed assessments within your GRC system.

‍Benefit

By offering flexible deployment options and seamless GRC integration, Regology ensures your compliance team can choose the model that best fits their operational needs. Whether it's serving as a data source or handling full regulatory change management, Regology improves compliance tracking, reduces manual input, and ensures regulatory updates are consistently managed across systems, fostering better decision-making and regulatory adherence.