GenAI assistants like Ask Kaia offer deep expertise in federal banking regulations to help organizations manage regulatory compliance. The purpose of this built-in AI compliance expert is to help your team eliminate manual research and document management hours.

Bridging the gap between compliance experts and other business units, Ask Kaia makes regulatory compliance knowledge accessible through natural language processing. This will help teams to act on cited guidance to form a proactive approach to compliance.

Power users are making the most of Ask Kaia using expert tips.

Ask Kaia Overview

See the table below to understand the key features of Ask Kaia and learn how it can improve your regulatory compliance workflow.

Feature Description Business Impact
Regulatory Q&A Ask natural language questions about federal banking regulations and receive cited responses. Instant access to regulatory expertise.
Policy Document Creation Automatically draft new policy and procedure documents that align with current regulatory requirements. Reduce policy development time from weeks to minutes.
Policy Compliance Analysis Upload existing policies for automated review against current regulations. Identify and close compliance gaps before audits.
Marketing Ad Compliance Review Upload marketing content for real-time compliance checking against regulations and organizational policies. Accelerate campaign approvals and reduce marketing-related compliance risk.
Contextual Impact Assessment Understand how specific regulations impact your current operations and policies. Make informed business decisions.
Document Export Export all drafted and revised documents in editable Microsoft Word format for seamless approval and implementation workflows. Integrate AI-generated content into existing approval processes.
Enterprise Security Secure client data as information is never shared with commercial models. Maintain complete confidentiality and regulatory compliance.

Read on to explore our top tips for power users and how they can be used to streamline your compliance team’s workflow.

1. Master the Art of Contextual Questioning

Frame your questions to Ask Kaia within a specific organizational context to create a highly tailored feedback loop. This will avoid generic compliance principles from being shared, rather advising your team on your organization’s specific institution size, product offerings, and operational challenges.

How to Get the Most from This Feature

  • Provide background context

    For example, “Our credit union is launching a new peer-to-peer lending platform. What BSA/AML requirements apply to this product, and which customer onboarding procedures need updates?”

  • Reference existing documents

    Paste sections of your current policies into your questions.

  • Ask for impact analysis

    Understand more about how regulatory changes will impact your organization specifically.

  • Use follow-up questions

    Ask Kaia new questions connected to previous queries for better insights.

2. Use Ask Kaia for Proactive Regulatory Change Management

Be proactive in your team’s AI compliance approach to regulatory change by asking Kaia to give insights into future regulations to pre-empt policy impacts and generate draft updates.

How to Get the Most from This Feature

  • Monitor Federal Register changes regularly

    Ask Kaia will be able to suggest which risks and controls are applicable to your organization specifically.

  • Conduct quarterly regulatory impact assessments

    Set up a quarterly review cycle to see which of your policies need updating.

  • Build implementation roadmaps

    To create a plan for implementing any policy changes, Kaia can draft a roadmap.

  • Prepare for regulatory exams

    Whether it is keeping track of documentation or answering questions to do with risk assessments, your team will always be prepared for an audit.

  • Track remediation timelines

    Once you identify a compliance gap, Ask Kaia can suggest a corrective action plan.

3. Leverage Ask Kaia as Your Marketing Compliance Gatekeeper

Integrate Ask Kaia into your marketing approval workflows for automated compliance validation that reduces regulatory risk exposure.

How to Get the Most from This Feature

  • Establish a pre-approval workflow

    Ensure that materials are properly reviewed before release with the relevant experts.

  • Create compliance checklists

    Once checklists are generated, teams can help eliminate resource-intensive pre-approval processes.

  • Maintain a compliance library

    Store and assess documentation and policies that meet regulatory requirements.

  • Review competitor materials

    Analyse other materials to see how they compare to your organization’s output and how they measure up to compliance requirements.

4. Integrate Ask Kaia into Your Policy Development Lifecycle

Establish systematic processes to integrate AI compliance into policy drafting, review, revision, and audit preparation. This will support your organization in adapting to regulatory changes in real time through continuous monitoring and management of policy lifecycles.

How to Get the Most from This Feature

  • Use Kaia for initial policy drafts

    While your own experts fine tune strategy and details, Ask Kaia can help draft initial policy outlines.

  • Create policy governance frameworks

    Ask Kaia can establish a policy hierarchy and their interdependencies for your team to understand how to remain fully compliant.

  • Conduct annual compliance audits

    For example, “Review all 15 of our lending policies against current federal banking regulations. Identify gaps, outdated language, and required updates. Prioritize by regulatory risk”.

  • Train staff on policy changes

    One of the most crucial ways Ask Kaia can be used to train staff and bridge knowledge gaps for compliance experts.

  • Create audit-ready documentation

    For example, “An examiner asks how our policies align with the [Regulation Name]. Based on our attached policy, prepare an examiner response with specific citations and supporting documentation”.

    The most successful financial institutions using Ask Kaia are those that recognize it not as a replacement for compliance expertise, but as a force multiplier. This tool should be used to do the following:

    • Accelerate routine work
    • Detect risks earlier
    • Free compliance professionals

This will allow compliance teams to focus on protecting their organizations and customers through informed AI compliance and risk management strategies.

Are you ready to take advantage of AI-driven compliance features? Get in touch with our team to learn more about Ask Kaia or request a demo.