Cardamon recently launched!

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^{"AI powered regulatory mapping platform - getting you from regulation to product requirements in minutes"}

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TL;DR Cardamon enables regulated financial firms to launch products, enter new markets and stay compliant 10X faster by automating regulatory mapping with AI. They cut the manual and repetitive tasks of sifting through 1000s of pages of regulation and analyzing each passage - saving 100s of hours for regulated businesses. Check it out here.}

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Founded by Areg Nzsdejan & Dmytro Astakhov  ‍‍

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Who the founders are 🤝

Areg (CEO) and Dmytro (CTO) have worked together at Revolut for almost 4 years in the same Investment product team. Areg was a Product Owner, heading up the Diversified Assets and Engagement teams, managing 14 engineers. Dmytro was leading the backend engineering function on these products, building from the ground up. Together they shipped cutting edge investment products to millions of users.

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Ask

If you’re spending time & money trying to figure out what regulations apply, send the founders a message via email - they are already helping several firms cut 100s of hours from regulatory mapping work, enabling them to launch products faster.
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The Problem ❌

Financial firms face a host of complex regulations that make it incredibly painful to launch and maintain products in a compliant way. As a Product team at Revolut, the founders felt this pain deeply themselves - they had products ready to launch but were stuck in compliance limbo, often for weeks. Turns out, getting compliant took as long as building the product itself.

Frustrated, they dug in and were shocked by how manual and inefficient the processes were. Compliance teams would have to sift through 1000s of pages of different regulations, which they would need to understand, review and transpose into product requirements, controls & policies. These processes today are almost entirely manual, taking up hundreds of hours a year per compliance employee.

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The Solution ✅

Cardamon is an AI powered platform that ingests relevant regulation, understands what applies to each regulated financial firm, and gets compliance officers from regulation, to obligations, to product requirements in minutes - not weeks.

Compliance officers can select any regulation they want to map to their firm. Cardamon goes through every line and evaluates:

• What is applicable
• What is an obligation
• What the impact is
• What the associated risks types are

Additionally, there is the option to generate controls for the obligations and query the underlying regulations with specific questions.

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Importantly, compliance officers remain in full control with a host of features enabling them to edit, save and even download the mapping as a CSV.

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Learn More

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^{🌐 Visit cardamon.ai to learn more.} ‍

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^{🙏 If YOU are a regulated financial company and want to launch products faster 🙂 please reach out - demos can be booked here if you want to jump straight in!}

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^{🤝 If you know any regulated financial companies (fintechs, crypto firms, investment firms, banks, insurance firms) who want to launch products faster but are slowed down by compliance (pretty much all regulated financial companies!). Please reach out!}

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📧 You can ping the founders via email here.}

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^{‍‍👣 Follow Cardamon on LinkedIn.}

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