eflow Global Launches New PATH AI Tool

eflow Global presents PATH AI to enhance the levels of transparency, monitoring accuracy, and compliance capabilities in the new RegTech environment.

eflow Global has demonstrated the launch of a significant addition to its compliance platform, PATH AI, a strategy that solidifies the company as a top innovator in the area of RegTech. The introduction coincides with the increased regulatory interest and the need to caution financial institutions on the need to enhance monitoring and AI responsibility.

eflow Global is a specialist in automated compliance and trade surveillance that helps firms identify market abuse, as well as control intricate reporting needs. Its flagship TZTS is a popular system in the RegTech industry that provides highly developed trade monitoring. PATH AI is based on that presentation, but it also includes understandable and traceable insights to allow compliance teams to investigate alerts more accurately and clearly.

With its new feature, the company provides a conversational interface where users can analyze traders' behavior, have audit-ready data trails, create summaries of cases and have contextual insights. This method handles the regulator issues on the segmentation of black box AI, as decisions can be completely transparent, which is a primary requirement in the current RegTech compliance requirements.

Furthermore, PATH AI improves auditability by capturing chat logs and relating each output to its data source, which complies with the expectations of authorities such as the FCA. The upgrade is a continuation of previous AI improvements, such as improved risk scoring software.

As the head of AI of eflow Global, Ross Pearson notes that PATH AI was designed to give regulatory professionals more empowerment instead of displacing them. This will aim to deliver clear, evidence-based information that enhances regulation and minimizes the chances of abuse in the financial sector.