Pega introduced the agentic compliance solution powered by the enhanced Pega CLM capabilities. This agentic compliance debut is an enterprise-level control booster of regulatory and contractual obligations. Furthermore, the agentic compliance strategy accelerates the automation of complex compliance workflows. The upgraded Pega CLM solution leverages AI-powered agents that are always-on in monitoring compliance activities. In the past, compliance groups had to depend largely on manual checks and fragmented systems. Hence, Pega crafted this solution to mitigate risks and avoid operational delays. The agentic compliance environment makes it possible for the detection of issues that are located in contracts and policies to be proactive. At the same time, companies are subjected to increased regulatory scrutiny in different parts of the world. Therefore, the request for intelligent compliance automation keeps growing.
“Compliance has long been a costly bottleneck for financial institutions. The fundamental issues driving it are only growing more complex,” said Marc Andrews, global managing director, industry markets, Pega.
“With the latest Pega CLM advancements, financial firms turn compliance into a strategic advantage. Our agentic AI automates the client lifecycle.”
Nevertheless, Pega assured that human supervision should be at the center of compliance decision-making. Concurrently, AI agents facilitate faster insights and execution that is consistent. Thus, enterprises become more governed with fewer manual efforts. The upgraded platform is also beneficial to regulated sectors such as financial services and healthcare. In addition, it is GRC-compliant as the requirements evolve. Essentially, Pega sees agentic compliance as a pillar to the scalable enterprise compliance management framework.
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Source: Businesswire
