Model Office launches AI compliance audit software for advice firms

Streamline client file reviews and compliance document audits

Isabel Baxter
clock • 2 min read

Regtech business Model Office has launched an artificial intelligence (AI) compliance audit software to help advisers streamline client file reviews, compliance document audits and training and competence reporting.

By incorporating generative AI features and development, Monitor AI focuses on automating and streamlining business supervision audit activities. It offers aggregated business supervisory dashboards, incorporating the firm policies and procedures, integrated adviser training and competence key performance indicators (KPIs), continuing professional development, and supervisory activities to deliver real time data on firm and their regulated individuals' performance. Additionally, firms can also carry out automated advice suitability reviews, benchmarking client fact find data and produ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

'At the end of the beginning': What to expect next with tokenisation

'At the end of the beginning': What to expect next with tokenisation

'Tokenisation is coming - at pace'

Alex Kerry
clock 08 April 2025 • 3 min read
Open arms or cautious welcome? Why AI in advice cannot be ignored

Open arms or cautious welcome? Why AI in advice cannot be ignored

'Putting aside the hype, AI is here to stay'

Jenny Thorpe
clock 25 March 2025 • 3 min read
'What about Maud?': When it comes to tech, don't underestimate older clients

'What about Maud?': When it comes to tech, don't underestimate older clients

Tech adoption among older people was accelerated by the pandemic

Rowan Whittington
clock 19 March 2025 • 4 min read