Parameta Solutions: Empowering Compliance Teams with Generative AI

Parameta Solutions, the data arm of TP ICAP, operates in a highly regulated industry. Historically, their compliance team spent countless hours manually reviewing methodologies against regulations, a tedious and time-consuming process. To address this challenge, Parameta Solutions partnered with AWS to develop a streamlined, AI-powered solution. Their Parameta Regulator Tool now allows them to easily upload methodologies and regulations, which are then processed by Amazon Textract to extract key information. A custom workflow, powered by AWS Step Functions, then uses Amazon Bedrock to compare the documents and provide recommendations on whether the methodology meets regulatory requirements. The adoption of generative...

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