blog | Regulatory Intelligence Revolutionizing Compliance and Security: ChatGPT Takes Center Stage at Behavox AI London Summit March 2, 2023 Fahreen Kurji Share Behavox recently hosted an exclusive AI 101 for Compliance and Security Summit in London where attendees discovered the latest evolution in artificial intelligence and large language learning models and how they can benefit compliance and security functions. The focus of the event was on ChatGPT, a language model that is revolutionizing electronic communication surveillance. ChatGPT leverages large language models that can understand natural language and can generate human-like responses. This technology is particularly beneficial for communication surveillance and regulation. Unlike traditional surveillance methods that rely on lexicon searches, ChatGPT contextualizes the meaning behind a message, allowing for more precise surveillance. The shift in regulatory expectations away from lexicon-based surveillance started in 2022 and has accelerated in 2023. Regulators are now demanding that firms monitor and control electronic communication, including voice and messaging, with greater accuracy and completeness. With the help of AI and ChatGPT, firms can now meet these expectations by monitoring electronic communication in real-time and flag any potential compliance or security issues. Behavox CEO and Founder, Erkin Adylov, led the conversation on ChatGPT and its importance in compliance and security. He explained how ChatGPT can analyze electronic communication and identify potentially problematic messages, such as those related to insider trading or market manipulation. The event provided attendees with valuable insights into the latest advancements in AI and how they can be leveraged to enhance compliance and security functions. Furthermore, if you’re interested in learning more, Behavox will be hosting another AI 101 Summit for Compliance and Security on April 6th in NYC. This is a great opportunity for anyone looking to stay informed and ahead of the curve on the latest developments in AI and compliance. Don’t miss out on this chance to learn from some of the brightest minds in the industry. Radar Magazine Radar 13 Out Now A New Era For Compliance Download Radar 13 SUBSCRIBE TODAY Complete this form to receive our Newsletter! Thank you for signing up for our Newsletter! Related Readings Regulatory Intelligence Avoiding the Hidden Price of Non-Compliance: Monitorships November 20, 2023 Regulatory Intelligence Benchmarking Behavox Voice Against Leading Transcription Services. November 13, 2023 Regulatory Intelligence Unleashing Innovation: How Google Cloud and Behavox transform financial compliance… October 4, 2023
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