Encore Compliance provides AI-enabled compliance software that monitors expert network calls and generates clean transcripts to ensure adherence to SEC, FCA, and ESMA regulations. By integrating managed services and advanced surveillance technology, the platform helps asset managers identify potential risks and maintain compliance across all communications.
Funding
Funding not disclosed
Founders
Product
Problem
Asset managers face increasing regulatory scrutiny from the SEC, FCA, and ESMA regarding expert network calls and research processes. Ensuring compliance across all communications, identifying potential risks like MNPI exchange, and maintaining clean transcripts are challenging and resource-intensive. Traditional monitoring methods often lack the scalability and precision needed to effectively oversee a high volume of expert interactions.
Solution
Encore Compliance offers an AI-powered compliance solution that monitors expert network calls and generates compliant transcripts, helping asset managers adhere to regulatory standards. The platform leverages a proprietary AI model trained on a large repository of expert call transcripts and compliance expertise to detect specific language patterns associated with potential risks, such as MNPI exchange, conflicts of interest, and off-channel communications. By integrating AI-enabled surveillance with optional managed services, Encore Compliance enables firms to monitor all expert network calls, identify potential compliance breaches, and streamline research workflows. The system provides enhanced insights into high-risk activity, allowing for more informed decision-making and improved overall compliance.
Target Audience
The primary target audience includes asset managers, hedge funds, and other financial institutions subject to SEC, FCA, and ESMA regulations, particularly those seeking to enhance their expert network compliance and research processes.
Features
- AI-powered monitoring of expert network calls for potential compliance risks
- Automatic generation of clean, compliant transcripts
- Detection of specific language patterns linked to MNPI, conflicts of interest, and off-channel communications
- Customizable tags for risk areas specific to the user's team
- Support for translation of up to 37 global dialects
- Integration with research dashboards for seamless access to transcripts
- Optional managed services for pre-call screening, live chaperoning, and review of audio recordings