Compliance management is a paramount concern for financial organizations. Regulatory requirements are constantly evolving, and non-compliance can lead to severe consequences. To address this challenge effectively, financial institutions are turning to innovative solutions, and one such groundbreaking approach is the use of AI-powered no-code platforms to build compliance tracking apps. These apps streamline compliance activities by providing real-time alerts, reminders, and comprehensive documentation.
In this article, we explore how AI-powered no-code platforms are transforming compliance tracking in financial organizations. We cover key features and provide a step-by-step guide to building compliance tracking an app, along with a sample data model and entity relationship diagram (ERD) to illustrate its functionality.