Contract Assistant: Fast-track your audit-proof contracts
With the Contract Assistant, banks & insurers check contracts of service providers and third parties for DORA and GDPR compliance.
Automated | Transparent | Audit-proof
AI-powered contract review for banks and insurers
The Contract Assistant is an AI-powered solution designed for banks and insurance companies to automate the review of third-party and outsourcing contracts, ensuring compliance with key regulatory requirements such as the DORA Regulation and GDPR.
It significantly reduces manual effort, minimises risk of error, and delivers audit-ready, traceable results supported by comprehensive documentation.
AI expertise meets regulatory know-how – for reliable contract analysis that strengthens compliance and reduces audit complexity.
Regulatory clarity – from guidelines to internal policies
Powered by cutting-edge Generative AI and Natural Language Processing (NLP), the solution analyses contractual content to automatically identify compliance risks. Using Explainable AI, results are delivered transparently and verifiably.
Seamless integration with existing systems – such as contract management or risk tools – enables smooth implementation within your operations. Available as an on-premises, cloud, or SaaS solution.
Input
The contract review processes existing contracts, regulatory requirements such as DORA and GDPR, as well as internal compliance rules. This creates a solid foundation for comprehensive risk analysis.
Processing
Through AI-supported analysis and Natural Language Processing, contract contents are automatically checked and potential compliance risks are identified. Explainable AI ensures full transparency and traceability of the results.
Output
The result is an audit-proof contract analysis that ensures compliance with regulatory formulations. An integrated whistleblower additionally supports the adaptation of service provider contracts to regulatory requirements.
Four modules for seamless contract compliance
Book a consultation with one of our experts today.
Fincon Reply is a business and IT consultancy specializing in the financial services industry. Fincon Reply proactively advises banks, the Sparkassen Financial Group, the German Cooperative Financial Group and insurance companies as well as their suppliers on their digital transformation. The company provides on-site support with specialised teams of consultants and developers and delivers turnkey solutions.