{"id":670885,"date":"2026-05-28T22:04:09","date_gmt":"2026-05-28T22:04:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/670885\/"},"modified":"2026-05-28T22:04:09","modified_gmt":"2026-05-28T22:04:09","slug":"ai-adoption-in-compliance-remains-limited-aca-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/670885\/","title":{"rendered":"AI Adoption in Compliance Remains Limited, ACA Says"},"content":{"rendered":"

Artificial intelligence use in compliance and operations at industry firms remains a \u201cmile wide and an inch deep,\u201d according to representatives from the compliance consulting firm ACA Group.<\/p>\n

While about 84% of respondents to a recently released ACA Group survey reported using AI, they also reported that \u201cactive AI use\u201d occurred, on average, in only two of 20 compliance and operations sub-functions. Only 18% of firms that responded said they used AI in compliance tasks, compared with 5% in operations.<\/p>\n

According to the ACA Group, the report cataloged responses from 201 investment management firms, including asset and wealth managers, hedge funds, private markets firms and broker\/dealers.\u00a0<\/p>\n

In a discussion about the report last week, Joseph Kochansky, ACA\u2019s head of product and engineering, used \u201cmile wide, inch deep\u201d to describe AI adoption among firms, saying it was only being done \u201cin a very thin way\u201d across organizations.\u00a0<\/p>\n

Related:AI Creates Further Risk in the ‘Wild West’ of Finfluencers<\/a><\/p>\n

The most common use of AI, at 35%, was in the so-called \u201ccompliance program administration\u201d sub-function, which includes day-to-day tasks such as summarizing reports, preparing first drafts of communications and reviewing policies and disclosures.<\/p>\n

However, ACA Global Regulatory Compliance Practice Co-Head Josh Broaded noted this sub-function captured users working with desktop AI tools, including Claude, Microsoft Copilot and ChatGPT. During last week\u2019s discussion, Kochansky acknowledged that while desktop AI was easy for users, it can be more cumbersome for compliance management.<\/p>\n

\u201cIt\u2019s not integrated into your workflow in a way that you can get the full benefit,\u201d he said. \u201cSo while compliance program management was the biggest use case, the reality is \u2026 that desktop use case was really the dominant use case, and it\u2019s driving a lot of that usage.\u201d<\/p>\n

After compliance program administration, ACA Group found electronic communication surveillance to be the next most common AI use case at 30%, followed by marketing material reviews (28%), compliance testing (22%) and employee compliance monitoring (18%).<\/p>\n

Compliance testing and monitoring also topped respondents\u2019 \u201cAI wishlist,\u201d with 52% planning to incorporate AI there next (or more than they currently have). While 21% and 20% of respondents respectively marked e-comms surveillance and marketing\/advertising reviews as their next targeted use case, 17% wanted AI incorporated to automate repetitive tasks and for data analytics\/reporting.<\/p>\n

According to the survey, operations remains the \u201cuntapped frontier\u201d for AI adoption, with minimal average usage across the category\u2019s sub-functions. At the top of those sub-functions is market data quality control, but even it had only 9% of respondents currently using AI. Cash and position reconciliation followed at 6%, with trade confirmation at 5%.<\/p>\n

Related:Stifel Reaches Settlement in Structured Notes Case<\/a><\/p>\n

Among the speakers discussing the report last week, the \u201cage of agents\u201d or agentic AI, will usher in both new opportunities and complications in reference to adoption in the financial services industry and within compliance\/operations divisions (unlike generative AI tools like ChatGPT, agentic AI tools can autonomously perform functions in pursuit of a goal).<\/p>\n

\u201cIn many ways, you\u2019re embedding your application into AI rather than embedding AI into your application,\u201d Kochansky said. \u201cAnd that creates a lot of the power, because AI itself can now iterate and try different approaches to solve the problem that is at hand.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Artificial intelligence use in compliance and operations at industry firms remains a \u201cmile wide and an inch deep,\u201d…\n","protected":false},"author":2,"featured_media":670886,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-670885","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/670885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=670885"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/670885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/670886"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=670885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=670885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=670885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}