Zango provides expert-backed AI infrastructure designed specifically for financial services compliance oversight. The platform centralizes regulatory change management, converting updates into structured, auditable actions mapped to internal controls. This system ensures financial institutions maintain audit readiness and achieve compliance at scale through automated horizon scanning and policy management.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions face increasing complexity in regulatory compliance across various regions, such as the UK and EU, leading to difficulties in maintaining up-to-date policies, procedures, and product offerings. Traditional compliance processes often involve manual horizon scanning and gap analysis, which are time-consuming and prone to errors. This can result in non-compliance, financial penalties, and reputational damage.
Solution
Zango AI offers an AI-powered platform designed to automate regulatory change management and ensure continuous compliance. The platform provides real-time horizon scanning, filtering out irrelevant updates and delivering alerts on critical regulatory changes. It automates the extraction of compliance requirements, generating checklists validated by domain experts. Zango AI also performs automated gap analysis by integrating with or uploading governing documents to identify discrepancies in internal policies and procedures, streamlining policy implementation and providing a 100% audit trail.
Target Audience
Zango AI primarily targets compliance teams within financial institutions and other regulated industries that operate in the UK, EU, and other regions with complex regulatory landscapes.
Features
- Real-time horizon scanning to filter regulatory noise and deliver relevant alerts
- Automated compliance checklist generation validated by domain experts
- Automated gap analysis by integrating with existing policy documentation
- AI assistant to personalize regulatory alerts
- Integrates with Slack, Excel, Jira, and Asana for collaborative workflows
- Provides a streamlined platform for consolidated compliance information
- Offers a 100% audit trail for compliance activities
- SOC 2 Type 2 compliant, GDPR compliant, and ISO 27001:2022 certified