Revolutionizing Compliance: The Promise of Graph RAG-Based Large Language Models
Ensuring regulatory compliance is a high-stakes challenge across industries. Banks, payroll processors, and legal firms alike grapple with complex rules and massive data — and the consequences of failure are severe. In 2024, U.S. regulators fined Citigroup $136 million for falling short in fixing data management issues flagged years prior [1]. In another case, nine Wall Street companies paid $549 million in penalties after employees used unauthorized messaging apps that breached recordkeeping ru