How a global financial services firm manages complex regulatory requirements across 50 jurisdictions with ease.
The Challenge
FinanceForward operates in 50 jurisdictions, each with unique regulatory requirements that change frequently. Their compliance team was drowning in documentation, spending 80% of their time just tracking changes and ensuring everyone had the latest information.
The Solution
FinanceForward implemented Parsewise with custom workflows for regulatory updates. The system automatically ingests new regulations, highlights changes, and notifies relevant teams. Employees can search for requirements by jurisdiction, product type, or specific scenarios.
The Results
Compliance violations dropped to zero. The team now spends 80% of their time on strategic initiatives instead of documentation management. FinanceForward has become a model for regulatory compliance in the financial services industry.