Austin, TX – January 7, 2025 – Red Oak Compliance, a leading provider of compliance software for the financial services and insurance sectors, announced the launch of its AI Review module, designed to enhance its industry-leading Advertising Review solution. This advanced AI-powered module enables compliance and marketing teams to conduct faster, more accurate reviews by reducing review cycles and helping to identify non-compliant content.
Built on Red Oak’s highly configurable rules engine, the AI Review module enhances existing compliance workflows without requiring time-consuming model training. With the fully functional, out-of-the-box solution, firms can configure capabilities through advanced prompt engineering and rules tailored toward the firms’ policies and procedures, ensuring maximum flexibility and control over their compliance processes.
“Our top priority when developing the AI Review module was ensuring that we met the needs of the market with a flexible and differentiated solution,” said Mike Lubansky, Senior Vice President of Product Management at Red Oak Compliance. “While many vendors rush to market with flashy AI tools, we focused on delivering an additive solution that enhances efficiency without compromising regulatory integrity or disrupting existing workflows. Our product balances innovation with trust and positions us to take advantage of future AI enhancements as the technology evolves.”
The AI Review Module builds on Red Oak’s long-standing leadership in AI-powered compliance. Starting with early applications like intelligent lexicons and disclosure intelligence, Red Oak has consistently advanced its technology to meet evolving industry demands. This commitment to innovation earned Red Oak a spot on the AIFinTech100 list for the last three consecutive years.
“The AI Review Module represents the next step in our AI journey,” said Stephen Pope, Co-Founder of Red Oak Compliance. “Our mission has always been to equip clients with the most advanced compliance tools available. The integration of LLM technology is a game-changer, helping firms navigate compliance challenges with greater efficiency and precision.”
To support the industry’s ongoing adoption of AI, Red Oak Compliance will host a webinar on January 9, 2025, discussing artificial intelligence’s growing impact on compliance and advertising review processes. Attendees will gain actionable insights on managing AI-driven compliance challenges to navigate an increasingly complex regulatory landscape.
About Red Oak Compliance (ROC)
Red Oak Compliance is at the forefront of compliance software for the financial services and insurance industries. Serving over 1,800 firms worldwide, from single-state advisors to over half of the top 20 asset managers, ROC’s suite of 17(a)-4/WORM compliant solutions boosts process efficiency, minimizes regulatory risk, and controls costs. For more information, visit redoakcompliance.com or connect on LinkedIn.
