The Taxonomy Manager enables firms to map external regulatory content to the governance, frameworks and systems within the organisation, making regulatory content relevant to business lines, teams and individuals. The taxonomy manager is a key component of the Corlytics Regulatory Monitoring, Regulatory Library and Regulatory Risk Analytics solutions.
The taxonomy manager uses automation and natural language processing to find contextual information within the content that can allow the content to be tagged with taxonomy identifiers. This automates the process of determining to which parts of the business content should be sent for analysis.
The Corlytics’ Taxonomy Manager categorises regulatory content, including both regulations, and regulatory event notices and maps this content to the taxonomy of the firm. Corlytics automatically acquires regulatory content from regulatory bodies and using the Corlytics’ taxonomy solution for regulators enables categorisation, mapping and routing of regulatory content to a firm’s view of compliance risk, business lines and controls.
MAP EXTERNAL REGULATORY CONTENT TO YOUR FIRM’S GOVERNANCE FRAMEWORK