Enhancement: ICA Incorporates a New User Functionality
The International Compliance Association (ICA) has partnered with Corlytics to launch an innovative regulatory alert tool integrated within the ICA members' hub. This groundbreaking feature provides real-time regulatory alerts, keeping compliance professionals up-to-date with the latest regulatory developments.
The tool leverages Corlytics' advanced regulatory technology, which uses AI-powered intelligence to find, interpret, implement, and evidence regulations. It offers personalised Continuing Professional Development (CPD) recommendations tailored to the specific needs and regulatory interests of each compliance professional. This enables them to maintain and enhance their professional knowledge and competencies in a targeted, relevant manner.
ICA President, Pekka Dare, commented that this collaboration delivers smarter, data-driven compliance learning. The ICA's collaboration with Corlytics integrates Corlytics' world-class regulatory intelligence with the ICA's extensive CPD library, offering thousands of hours of learning content, with new materials added several times a week.
Each alert is intelligently analysed, and tailored CPD recommendations are provided for learning materials such as articles, webinars, case studies, e-learning modules, and formal qualifications. The alerts provide actionable insights tailored to evolving regulatory trends, setting a new benchmark for proactive, data-driven compliance education.
John Byrne, CEO and Founder of Corlytics, added that this partnership sets a new standard for compliance education. The feature delivers real-time alerts on press releases, guidance, and enforcement actions from regulatory bodies worldwide.
Corlytics is one of the market leaders in regulatory risk intelligence and regulatory compliance management. With the integration of real-time regulatory alerts and personalised CPD recommendations, ICA members now have access to an unparalleled, dynamic learning experience that enables proactive professional development.
In a dynamic regulatory environment, this collaboration offers ICA members a seamless, real-time regulatory monitoring service combined with personalised continuous learning opportunities, helping them stay compliant and professionally upskilled. The ICA will host a free virtual open day on 18 February 2021, offering insights into compliance careers. ICA President, Bill Howarth, aims to offer outstanding support to professionals throughout their compliance careers.
Recently, Corlytics released a global enforcement fines report for the third quarter of 2023, indicating $5.65 billion in fines imposed. The addition of this innovative regulatory alert tool further emphasises the ICA's commitment to supporting compliance professionals in navigating the increasingly complex regulatory landscape.
The innovative regulatory alert tool, integrated within the ICA members' hub, delivers real-time alerts on press releases, guidance, and enforcement actions from regulatory bodies worldwide, offering actionable insights tailored to evolving regulatory trends. This tool also provides personalised Continuing Professional Development (CPD) recommendations, such as articles, webinars, case studies, e-learning modules, and formal qualifications, to ensure compliance professionals maintain and enhance their knowledge in a targeted, relevant manner. The collaboration between the ICA and Corlytics sets a new standard for compliance education by leveraging Corlytics' world-class regulatory intelligence and extensive CPD library, offering thousands of hours of learning content with new materials added regularly.
