Ventia has partnered with Microsoft to develop a Generative AI tool that could provide a step-change in our service capability, one of our key areas of differentiation.
The RegTech-based tool – Ventia’s first venture into Gen AI – streamlines how employees query Ventia’s document library for information around policies, internal standards, compliance, and operating procedures.
Known internally as Polli, the GenAI solution handles employee requests quickly and efficiently.
A pilot returned overwhelmingly positive feedback from participants and resulted in immediate gains in productivity, efficiency and employee satisfaction.
Pilot users liked the quick and accurate responses and the natural, user-friendly interface.
Polli is a collaboration between Ventia’s Compliance, Audit Risk and Legal, and Digital Services teams in partnership with Microsoft.
Group General Counsel Debbie Schroeder said the partnership had eased business pressures around risk and compliance and enabled employees to focus on higher-value tasks.
“Innovation is a key pillar in our mission to deliver value and risk reduction for Ventia,” Debbie said.