The Challenge
An Asia-Pacific reinsurer operating across 12 jurisdictions was struggling with divergent regulatory requirements. Manual compliance tracking across Singapore MAS, Hong Kong IA, and other regulators consumed 8 FTEs and still resulted in 3 regulatory findings annually.
The Solution
Implemented Compliance Agent to monitor regulatory changes, map requirements to internal processes, and generate jurisdiction-specific reports. The system tracks MAS RBC, Solvency II equivalence, and local filing requirements across all operating markets.
Implementation
Built comprehensive regulatory taxonomy covering 12 jurisdictions. Mapped 2,000+ requirements to internal controls, policies, and systems.
Deployed AI-powered monitoring of regulatory publications, consultation papers, and industry guidance across all jurisdictions.
Created automated report generation for quarterly and annual filings. Integrated with data warehouse and financial reporting systems.
Results
Zero regulatory findings in 18 months post-deployment
Reduced compliance staffing costs from $2.4M to $600K annually
Quarterly regulatory reports generated in 2 days vs. 8 days
Proactive alerts on regulatory changes within 48 hours of publication
"Compliance is no longer a reactive cost center. We now have predictive visibility across all our markets."