Question: Do you know of a platform that can generate Suspicious Activity Reports (SARs) and other regulatory reports with ease, including validation and tracking filing status?

For creating Suspicious Activity Reports (SARs) and other regulatory reports, including validation and tracking filing status, I suggest Hummingbird. This intelligent compliance platform is geared for financial institutions and has powerful automation abilities to help with regulatory reporting, such as SARs. It also has customizable analytics and third-party tool integration, making it a good option for institutions of all sizes.

Another good option is Nasdaq Verafin, a financial crime management system that pools data from hundreds of institutions to improve security and efficiency. It includes machine learning-based fraud detection and targeted analytics for anti-money laundering and counter-terrorism financing. The system also automates regulatory reporting and improves compliance with reduced false positives and faster investigations.

If you're looking for an AI-based option, Sweephy could be helpful. It monitors regulatory updates and sends alerts to help fintechs avoid non-compliance and fines. With real-time news monitoring and direct connections to regulatory databases, Sweephy keeps fintechs up to speed on regulatory requirements and lets fintechs use AI without requiring deep domain expertise.

For a more general-purpose compliance and data governance option, TrustArc offers a unified platform for privacy and data governance. It ensures continuous compliance with regulations like EU GDPR and CCPA, and offers tools for managing consent and consumer rights. It's good for companies of all sizes and can cut down on compliance time and privacy incidents.