Banking — Regulatory Compliance SOP and Playbook Update Pipeline

Overview

The purpose of this DAG is to maintain up-to-date standard operating procedures (SOPs) and regulatory playbooks in the banking industry, ensuring compliance with evolving regulations. The architecture consists of a data ingestion pipeline that collects inputs from various sources, including regulatory updates, expert feedback, and compliance reports. The processing steps include data validation, integration of expert insights, and the application of new regulatory information. Each update underg

The purpose of this DAG is to maintain up-to-date standard operating procedures (SOPs) and regulatory playbooks in the banking industry, ensuring compliance with evolving regulations. The architecture consists of a data ingestion pipeline that collects inputs from various sources, including regulatory updates, expert feedback, and compliance reports. The processing steps include data validation, integration of expert insights, and the application of new regulatory information. Each update undergoes a quality control process where it is reviewed and validated before being disseminated to relevant stakeholders. In cases where the automated update fails, a manual review process is triggered to ensure that no critical information is overlooked. The outputs of this DAG include updated SOPs, revised playbooks, and compliance reports that are essential for regulatory adherence. Monitoring key performance indicators (KPIs) such as update frequency, validation success rate, and stakeholder feedback helps assess the effectiveness of the process. The business value lies in reducing compliance risks, enhancing operational efficiency, and ensuring that the organization remains aligned with regulatory requirements.

Part of the Knowledge Portal & Ontologies solution for the Banking industry.

Use cases

• Reduces compliance risks associated with outdated procedures
• Enhances operational efficiency through automated updates
• Improves accuracy and reliability of regulatory documents
• Facilitates timely responses to regulatory changes
• Strengthens stakeholder confidence in compliance practices