Engaige Compliance

Overview

Reputational risk for non-compliance is significant, along with hefty non-compliance fines. Compliance events can occur at any time and from multiple sources of origination. These include:

  • Internal audit findings
  • Employee or customer queries
  • Regulation changes or Horizon Events
  • Risks that materialise into issues
  • External factors such as macroeconomic or peer events, and more.

Effectively managing these events is often the biggest challenge facing large organisations. Managing a compliance event in a timely and effective manner requires an organisation to be well-connected and organised, as meaningful data from multiple sources is needed on a timely basis. The data has to be accurate and reliable, which is a huge challenge for multi-national organisations.

Large organisations can be overwhelmed by the sea of data accompanying Compliance. They need an intelligent way of surfacing this data without fundamental re-platforming or the migrating of complex structures. Achieving this goal is a moving target because the Compliance landscape is constantly evolving and requires rapid change without heavy reliance on multiple technologies, skillsets and teams.

Key Features & Functionality

  • Dynamic form submission with rules-based configuration to reduce repetitive queries and workload on Compliance teams.
  • Intelligent Case Management capability uses low code re-usable components with flexible UI, including intelligent and automatic work assignment and operational capacity analytics.
  • Appian Data Fabric allows multiple data sources to surface, supporting a single view of a Compliance event by combining meaningful data from across the organisation ‘in real-time and one place’.
  • Extensive audit logging capability provides a running event history from the origination of an event, such as who did what, when and why. Automated reporting and custom query capabilities on any event.
  • Operational and strategic data analytics are derived from a powerful combination of Appian’s Data Fabric and automated workflow orchestration
  • Generative/Conversational AI assists compliance specialists in answering queries more efficiently and accurately using AI to query the data within the Appian orchestration layer.

Benefits & Business Impact

Waivgen has developed a next-generation, state-of-the-art, Risk and Compliance management solution. This accelerator has been expertly crafted by combining Appian’s powerful orchestration and automation technology with Nextwave’s deep subject matter expertise in this field.

Engaige is designed to help large organisations tackle commitments and obligations across all areas of Regulatory Compliance. It tackles Compliance issues, alerts and workflows efficiently and in one place by bringing generative AI together with process automation and data integration across all available enterprise data sources.

Leveraging Appian as a reusable orchestration layer enables your organisation to manage compliance events more efficiently & more effectively using advanced analytics, data fabric, workflow automation and conversational AI. Each compliance persona is greeted with a role-specific interface (configurable) containing all the meaningful insights & tasks needed to perform their role from a single place.

Engaige provides your organisation with a single and fully audited view of a specific compliance event supported with real-time access to meaningful data, helping you make better decisions and report confidently. Engaige has been built by combining deep compliance industry expertise with best-in-class low-code engineering, to create a feature rich and scalable solution for global compliance functions

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