CoVi Analytics is a SaaS-based platform that provides automated compliance services for banks & insurers. Covi 's platform allows insurers to capture their interpretation of the regulatory text, manage, and evidence their compliance activities and produce appropriate reports for supervisors in one place. The company aims to simplify regulation and automating on-going compliance activities and minimizes operational risk by eliminating replication in business processes.
CoVi Analytics simplifies compliance for Banks and Insurers based on an AI-powered Saas suite. Our mission is to help compliance, risk and business teams simplify their dealings with an increasingly complex regulatory environment and automate repetitive activities.
PRODUCTS & SERVICES:
AI-powered compliance platform for banks & insurers. The company offers three products: CMILE: A computer program that gathers fragmented regulations, like insurance regulation Solvency II and helps users to easily navigate & manage their regulations in a single platform. CORE: A computer program that aims to automate repetitive and manual tasks related to compliance. K-BASE: It is an online repository with information or advice on compliance issues.
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Banking institutions and insurance firms
The platform leverages artificial intelligence to makes compliance simple, reducing the cost of compliance and helping insurers make business decisions faster.
It also provides dashboards with users to see their potential and actual issues.