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Kobalt LabsAI copilot to automate risk ops for fintechs and banks

Kobalt has built an AI copilot to automate manual risk and compliance operations for fintechs and banks. Given a vendor contract, Kobalt’s reasoning engine ingests internal policies and procedures, legal commitments, past privacy and compliance assessments, and syncs with external legislation to instantly auto-surface and track risks. We're helping community/regional/sponsor banks increase revenue and scale their partnership and vendor volume, and we're helping fintechs conduct their partner diligence in 1/0 the time, all without needing to increase headcount.

2023-07-05
Active
Early
S23
2
B2B
United States of AmericaAmerica / Canada
Kobalt Labs screenshot
More About Kobalt Labs

Kobalt Labs: Modern Third-Party Diligence for Financial Institutions

Introduction

Kobalt Labs is an AI-powered copilot designed to streamline risk and compliance processes for financial institutions. Built by risk experts, Kobalt Labs automates tedious, manual research, enabling your team to focus on what they do best.

Key Features

  • Automated Risk Review: Complete regulatory coverage for privacy, BSA/AML, ACH, lending, money movement, UDAAP, and more.
  • Vendor Tracking: Manage your growing base of vendors and partners without the hassle of email and spreadsheets.
  • Ingest and Analyze: Connect or upload internal documentation to the Vault and surface gaps in third-party documentation against relevant financial regulations.
  • Track and Triage: Triage and track each risk along with its severity, and store risk exceptions and vendor communications for seamless future audits.
  • Security: Bank-level encryption and SOC 2 certification with additional AI safety measures.

Use Cases

  • Regulatory Compliance: Auto-check internal and external documentation against the latest regulations.
  • Vendor Management: Store historical analyses, previous document versions, and time-stamped communications.
  • Audit Preparation: Demonstrate to examiners how your team invests in internal processes and manages risk.
  • Fintech Partner Onboarding: Conduct efficient and elegant onboarding and diligence for fintech partners.

Pricing

For detailed pricing information, please contact us at [email protected]. We offer tailored solutions to meet the specific needs of your organization.

Teams

Kobalt Labs is built by a team of seasoned risk and compliance experts. Our platform is designed to give your team superpowers by automating manual tasks and enabling them to focus on high-level decision-making. Our robust security measures ensure that your sensitive data is protected at all times.

Modernize your diligence with Kobalt Labs. Provide your email, and we'll reach out to answer your questions and see how we can help.