CUBE – Demystifying taxonomy and ontology

Presented by

Elliot Burgess

About this talk

Taxonomy and Ontology have been around for centuries, but with the rise of technology they’re taking on new meaning and hold infinite potential. In this webcast, CUBE speaks to resident expert and head of RegAI, Elliot Burgess, to explore taxonomy and ontology. Join us as we question how taxonomy and ontology works, the difference and interplay between the two, their role in regulatory change management, and how they could transform the future of regulatory change management.
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Knowing about regulatory change is one thing. Having the regulatory intelligence and analytical capabilities to understand the impact of regulatory change on your business is a very different matter. It may take days or even weeks to re-evaluate your compliance status and remediate non-compliant gaps, especially when you are a financial institution operating in multi-jurisdictional, multi-state, and cross-border environments. CUBE leverages AI-driven technology to automate the capture of global regulatory data, alert you to regulatory changes that pose a compliance risk to your business, pinpoint all policies, procedures, controls and records that are affected, and enable rapid remediation.