Nowadays, the number of new laws and regulations is exploding. Last year over 60,000 regulatory updates were recorded for companies to comply with. This makes compliance both expensive and time-consuming for companies, with compliance costs rising by more than 50% in the past decade. Many companies struggle to keep up and risk large fines when failing to comply. Our team addressed this challenge by developing ComplyAI, a generative AI-powered compliance assistant that helps organizations stay compliant more efficiently for companies across all industries and preparing their reports in the right format.
ComplyAI changes the way organizations could handle compliance. Instead of reading long legal texts and manually updating policies, the system scans regulatory databases, summarizes changes and checks which ones apply to each company. It then produces action lists, templates and deadlines for these companies while flagging any areas that still need human review. This “human-in-the-loop” approach keeps experts in control while saving time and reducing errors and maintaining human accountability.
ComplyAI would operate in the fast-growing Regulatory Technology sector, The sector is expected to expand from $15 billion in 2024 to $83 billion by 2032. The ComplayAI-tool would be especially valuable for medium and large firms in heavily regulated sectors like finance, healthcare, and energy. In these industries compliance is complex and mistakes are costly resulting in a lot of room for efficiency improvements.
Our analysis shows that ComplyAI can cut manual compliance work by 50–65% and lower total costs for companies by 30–40%. Continuous monitoring compliance also helps prevent violations which potentially reduces the risk of major fines. At the same time, employees can focus on meaningful tasks such as interpretation and strategy, which improves job satisfaction and overall productivity in the workplace.
Our prototype, which is available at regulatr-ally.lovable.app, demonstrates how employees can upload documents, get instant compliance summaries and generate actionable reports. Our platform shows how AI can be responsibly integrated into corporate workflows to support professionals rather than replace them.
In short, ComplyAI helps organizations stay compliant faster, cheaper, and smarter. It turns the challenge of regulatory change into an opportunity by helping companies build trust, stay competitive, and focus on what really matters.
