India, July 29 -- For decades, the financial industry has relied on teams of consultants, lawyers, auditors, and internal compliance officers as the backbone of regulatory assurance. From interpreting complex rules to assessing internal controls, this human-centric model has long provided the "peace of mind" that institutions, whether banks, insurers, asset managers, or fintechs, are audit-ready. But this approach has remained heavily manual and consultant-led. It is not only expensive and time-consuming, but also offers compliance that is valid only at a single point in time, leaving businesses vulnerable to regulatory scrutiny.

Meanwhile, the regulatory landscape has grown more complex and dynamic. Authorities such as the Reserve Bank ...