4CRisk delivers its solutions on the foundation of its AI platform, to which industry-leading construction principles and technology approaches have been applied, providing customers with built-in assurance of a fit with their standards and policies. Assurance features range across the areas of Responsible AI, Trustworthy AI and Zero-Trust Security principles in data security, protection and auditability. These ensure privacy of sensitive data, keeping it secure within a SaaS platform, never used to train models nor exposed to the public domain, while leveraging role-based access controls to protect customer information.
The platform is certified on AWS, Azure, and Google Cloud environments, and can also fit with customer-specific configurations including private cloud. It supports integration with business systems, content providers, and third parties using REST API architecture, and supports standard data export mechanisms (PDF and Excel). Large and complex data (unstructured and structured, including PDFs) can be extracted and ingested. A human-in-the-loop process allows subject matter experts to review and improve AI predictions over time. Private and secure deployment ensures data sovereignty and confidentiality within organizations.
The company has deliberately created and trained domain-specific small language models (SLMs) to underpin the platform, as these are more suitable than LLMs for specific tasks, and can provide a safe and secure private environment, with role-based access and audit trails, as well as minimized bias, more beneficial cost metrics, quality, ESG impact, and response performance.
The current range of 4CRisk products supported by the platform is as follows:
- Regulatory Research, which connects with over 2,300 global AI-generated sources of regulations, rules, laws and standards, merged across applicable sources, and identifies those which apply to areas of an organization’s business, to build AI-curated rule books.
- Regulatory Change Management, which applies AI-based automation to identify relevant changes, extract obligations, automate applicability and impact analysis; identify regulatory exposure, and raise incidents before they become issues.
- Compliance Map, which streamlines the assessment and prioritization of compliance gaps, by reviewing AI-generated mappings of rulebooks (regulations, laws and standards) to governance artifacts (policies, procedures, contracts and controls), flagging potential risk areas within contracts, documents, and processes based on configurable criteria. It also provides excellently visualized analysis and traceability of compliance links.
- Ask ARIA Co-Pilot, an AI assistant which provides immediate, relevant AI-generated answers to complex queries for the front and second line by analysing an organization’s documents, applicable regulations and risk events such as policies, procedures, complaints or contracts saving up to 90% of research time and effort.
Customer Quotes
“We were able to cut the time to build our rulebook by 75% with 4CRisk’s Regulatory Research product. Importantly, we can collaborate across teams, through 4CRisk’s engaging user interface.”
Compliance Team, Financial firm
“If we had mapped 50 compliance documents (policies, standards, procedures), to NIST CSF, it would have been a 6-month project for an SME. With 4CRisk we mapped these in 4 days.”
Guidewire, Top 25 Insurance Fintech
