As a Software-as-a-Service solution, Compl.AI uses GenAI technology and the collective knowledge of adesso's DORA experts to conduct a fast, automated gap analysis of contracts and documents to review compliance with all DORA requirements. The tool clearly defines whether the requirements have been fully, partially or not fulfilled, including source and page references. This significantly reduces the burden on banks and insurance companies, which often have hundreds of contracts in place with different ICT service providers. Laborious manual checks by in-house specialists or expensive external reviewers are now a thing of the past.
Compl.AI offers a quick and secure overview of extensive contract documents thanks to a customisable question catalogue. The tool guarantees consistent quality when analysing contracts, regardless of the number and complexity of the contracts. It also simplifies reporting. The software gives companies an initial analysis to ensure DORA compliance by the time the EU regulation enters into force in January 2025. It is also possible to re-examine amended contracts or perform another check if regulatory requirements are updated.