Regulators publish faster than compliance teams can read. Paragex eliminates the backlog by extracting, classifying, and mapping every obligation the day it drops.
Paragex turns a 400-page regulatory consultation into an actionable gap list in four automated steps.
Paragex monitors 38 regulatory feeds including the Federal Register, FCA Handbook, ESMA register, and MAS website. New filings are fetched within 90 seconds of publication. You can also push documents directly via REST API (POST /v1/documents/ingest) or drop them into a monitored SFTP directory.
A transformer model fine-tuned on 14,000 regulatory documents parses each filing into clause-level JSON. Every clause is tagged with: section reference, obligation type (must/should/may), entity scope (bank/broker-dealer/fund), effective date, and transitional provisions. Extraction accuracy on held-out Basel and DORA texts is 97.3%.
Your uploaded control library is indexed into a vector store. Each extracted clause is matched against controls using cosine similarity with a 0.78 threshold. Clauses below threshold are flagged as gaps. Borderline matches (0.65-0.77) are queued for analyst review with the matched control shown side-by-side.
Confirmed gaps are ranked by a composite score: regulatory deadline proximity (40%), potential examination finding severity (35%), and control dependency count (25%). Gaps are pushed to Jira, ServiceNow, or Archer via webhook, with remediation due dates pre-populated from the regulatory effective date.
Every capability is designed around the workflows of a compliance officer preparing for examination, not a generic AI use case.
Every parsed obligation is returned as structured JSON with section_id, obligation_text, obligation_type (mandatory/recommended), entity_scope, effective_date, and jurisdictions fields. Downstream systems consume the API directly - no screen scraping, no manual re-entry.
Output schema is versioned and backwards-compatible. Webhooks deliver new clauses to your endpoint within 2 seconds of parse completion.
Upload your existing control framework as CSV, Excel, or JSON. Paragex builds a graph linking every regulatory obligation to the controls that address it. When a regulation changes, the graph identifies which controls need updating - without you having to re-map manually.
Bi-directional sync with Archer and ServiceNow GRC is supported. Control status changes in your GRC tool are reflected in Paragex's gap dashboard within 5 minutes.
Paragex covers regulatory frameworks across US, EU, and UK jurisdictions in a single platform. Supported regimes include Basel III/IV, DORA, PSD2, MiFID II, Dodd-Frank, Bank Secrecy Act, FFIEC guidelines, and CRD VI. Jurisdiction tagging allows filtering by entity type and applicable geography.
New frameworks are added within 30 days of a regulation taking effect, with retroactive coverage for documents back to 2018.
The posture dashboard shows aggregate gap coverage across all active regulatory frameworks. Drill from framework level to individual clause gaps in three clicks. Filter by business line, entity, gap status, or assigned owner.
Board-ready heat maps show regulatory coverage by framework and jurisdiction. Export to PDF or PowerPoint for board packs and committee reporting.
When a regulation is updated, Paragex generates a diff view showing exactly which clauses changed, were added, or were removed. Compliance obligations that previously mapped to controls are flagged if the underlying clause text has changed materially.
Diff summaries are emailed to assigned owners on the day of publication, with links directly to the affected gap records.
Generate evidence packages in the format expected by OCC, FRB, FCA, and ECB examiners. Each package includes gap inventory, control mapping evidence, remediation status, and issue closure documentation - formatted to the examiner's preferred structure.
Templates are updated within 45 days of examination manual revisions from each regulatory body.
The Paragex gap dashboard shows your full compliance posture in one view. Filter by regulation, jurisdiction, business line, or owner. Gaps are color-coded by deadline proximity so your team works the urgent items first.
Assign gaps to owners with due dates pulled directly from regulatory effective dates. Track remediation without leaving the platform.
Request a Demo
Bring a recent regulatory circular or consultation paper. We will run it through Paragex live and show you the gap output against a sample control library.
Schedule a Demo