Business Understanding

Government-Risk-Compliance (GRC) is where business and regulations meet head-on. Tackling GRC challenges isn’t easy because laws change a lot, and those who deal with GRC aren’t usually legal experts. They need guidance. To set up rules and controls for their organizations, they have to keep up with rule changes and obligations. As the need for Legal Language Models (LLMs) grows, there’s a strong demand for a platform based on LLMs to help organizations stay updated with regulations and obligations.

Addressing GRC challenges presents significant difficulties due to the frequent changes in laws and regulations, compounded by the fact that individuals managing GRC matters often lack formal legal expertise.

AI Solution

  • The AI Solution comprises two LLMs-based models. These models are employed to ensure accuracy and efficiency.
  • The first model: By consistently monitoring reliable sources, we identify new updates and media releases. Using the power of LLMs, we compare these fresh documents with their earlier versions stored in the database. This ongoing scanning process guarantees that our database remains current and relevant.
  • The second model: To facilitate user interaction, we introduce a user-friendly chat platform. Here, users can inquire about regulations, obligations, media releases, and update summaries directly from our comprehensive database. To ensure legal compliance, we’ve meticulously engineered prompts that guide the responses of the LLMs models. This meticulous approach ensures that the information provided adheres to lawful formats, further enhancing the reliability of the AI solution.

Government Risk Compliance Platform

Sample of LLM Model to Capture Changes in Regulations

Expected Outcome

The integration of the LLMs-based model for GRC control yields remarkable business outcomes. By harnessing the power of AI technology, organizations can stay ahead of the dynamic regulatory landscape with unparalleled accuracy and efficiency. The consistent monitoring of reliable sources and real-time comparison of documents enable swift adaptation to new updates and media releases, ensuring regulatory compliance. The user-friendly chat platform empowers users to access vital information promptly, streamlining decision-making processes. Furthermore, the meticulously engineered prompts governing LLMs responses guarantee legally compliant interactions, enhancing the credibility and reliability of the organization’s GRC efforts. Ultimately, the application of AI technology in GRC control translates to heightened agility, informed decision-making, and a fortified foundation for sustained business growth.

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    Our Team Members

    AI TRANSFORMATION LEAD

    Dr. Mikhail Krasnov

    Based in Switzerland, Mikhail is an esteemed leader with a Ph.D. in Economics and recognized as a Certified Director by the London Institute of Directors. With a 30-year tenure in the IT sector, he co-founded Verysell Group in 1990 and now drives strategy and innovation across the entire organization. He staunchly believes that AI should be a catalyst for all businesses, not a threat, enhancing and transforming companies. To him, AI is a powerful tool for businesses to harness for their advantage.

    Head of Applied AI Lab​

    Yurii Lozinskyi

    Based in England, Yurii is the driving force behind Verysell Applied AI Lab. With 25 years of experience in Healthcare, Insurance, and Finance, he specializes in Business Process & Digital Transformation. Yurii excels in creating neural networks for diverse business automation, from medical diagnostics to machinery anomaly detection. Beyond tech, he’s a proficient software delivery manager and project leader. His leadership has fueled remarkable growth, achieving up to 60% CAGR by guiding 20+ Agile Teams globally.

    Chief AI Scientist

    Dr. Hung Dao

    Based in Vietnam, Dr. Hung leads a dynamic Consulting Team, driving AI innovation across diverse sectors, from industrial visual inspection to medical image segmentation at our AAI Lab. With a PhD in Engineering from Keio University (2014), his expertise extends to groundbreaking research published in renowned conferences such as FG, BMVC, ICASSP, and ACCV, alongside multiple granted patents. With a distinguished track record at FPT, VinBrain & Nautilus AI, he’s a prominent figure in the AI landscape.

    STRATEGIC ADVISOR ON AI

    Dr. Alexey Minin

    Prof. Dr. Alexey Minin, an esteemed expert in the digital economy and artificial intelligence implementation, boasts over 19 years in high-tech. Rising from Siemens engineer to associated partner at MHP – A Porsche Company, Germany, Alexey excels in management consulting, exponential technologies, and creating businesses based on modern tech. A Doctor of Science in AI, Honored Professor, and consultant for several boards of directors, Alexey specializes in digital transformation, AI application, and startup guidance. He co-founded startups, lectures globally, and is a sought-after speaker in digital conferences.

    Business Development Manager

    Muin Pirzada

    Muin brings to the table an extensive background of over 13 years in the fields of Robotic Process Automation (RPA), Test Automation, and Artificial Intelligence (AI). This vast experience has not only equipped him with a profound knowledge of these cutting-edge technologies and deep passion for business growth and operational efficiency, but also with an acute understanding of their capability to revolutionize industries and streamline operations.

    Marketing Manager

    Ha Nguyen

    Based in Hanoi, Ha spearheads marketing endeavors, leveraging over a decade of prowess in the global technology arena. She currently serves as AAI Lab’s Marketing Manager, leveraging her expertise in B2B marketing, branding, content strategies, and Agile methodologies to propel the company’s growth. Her practical know-how equips her to craft and execute effective marketing strategies for AAI Lab and other entities within the Verysell Group.

     

    Software Development Automation Lead

    Hieu Tran

    Hieu, from Danang, Vietnam, heads the automation team at SmartDev. With a decade of experience in software development, he’s skilled in tech strategy and research. Known for boosting daily operations, Hieu shines in project coordination and customer happiness. Currently, he’s the top engineer at SmartDev and also leads the AAI Lab Software Development Automation.

    Head of Project Management

    Richard Sharp

    Richard, based in Danang Vietnam, has over 40 years of IT experience. He has had many roles including Client Manager, Supplier Manager, and Service Management Program Manager. He has designed, developed and implemented advanced service management solutions for leading organizations across the technology, government, health, telecoms, oil & gas and financial services sectors.

    HEAD OF AI EDUCATION

    Soan Duong

    Dr. Soan is a lecturer at the Computer Science Department within Le Quy Don Technical University. She is also a senior research scientist with keen interest in computer vision and medical imaging. Her research work has been published at prestigious venues, including ISBI, ICIP, ICASSP, BMVC, and CVPR. Soan plays an active role in the academic community by serving as a dedicated reviewer for esteemed publications such as: IEEE Access and NMR in Biomedicine.