Yes, all our products have been examined and approved as being compliant by the actuary function at PWC, and these are reviewed annually. Our approach is to run both standard regression statistical models as well as AI workloads to verify the accuracy and relevance of regulatory threshold measures. This allows for very accurate benchmarking against regulatory requirements, providing more confidence in derived KPIs. Additionally, the AI models are self-learning and are sensitive to concept or data drift, helping to ensure precision and accuracy in outputs.
We do not move any data outside your network security perimeters. We deploy our products within your cloud network and security controls, working well within your risk appetite.
Our Dynamic Compliance products integrate with your data processes at the core level, using AI and machine learning to determine if pathologies are present in existing compliance controls, They then generate additional data flows to mitigate the compliance gaps.
One of the primary functions of Pliant™ is to constantly scan regulatory standards for change. Once identified the system generates notifications of change that can be automatically applied to maintain your existing controls or provide new ones, enhancing compliance effectiveness in line with evolving regulatory expectations.
Pliant™ is a cloud-based product that uses machine learning extensively. Unlike its statistical cousin, machine learning can find hidden predictive patterns in data that would never be obvious to a human. Our technology uses modern cloud-based analytic tooling that is cloud agnostic, and our tools work with the three biggest public cloud providers (Azure, AWS and Google Cloud). Pliant™ uses these advanced technologies to help financial institutions remain compliant.
Some of our compliance controls include:
APS 220 Provisions for Regulatory Purposes
AASB 9 Financial Instruments
APS 112 Capital Adequacy: Standardised Approach to Credit Risk
ARS 220 Impaired Facilities
ARS 220.3 Prescribed Provisioning
ARS 220.5 Movements in Provision for Impairment
APS 221 Large Exposures
APG 210 Liquidity
And many more.
Pliant™ captures and stores your data for three primary use cases, operational reporting, data modelling and predictive analytics. Pliant’s data modelling capabilities can connect directly to APRA Connect to provide an end-to-end solution for compliance reporting.
Additionally, Pliant™ has integrations for the three most utilised visualisation tools:
Almost all operational reporting can be generated from Pliant™ using any BI report tool, including Excel.
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