Global PIL, a developer of advanced regulatory and compliance solutions, has announced the launch of a groundbreaking smart search service on the WhatsApp platform. This innovative addition aims to revolutionize the way users utilize regulatory websites, making information retrieval faster and more efficient than ever before.
PIL’s new WhatsApp service leverages an advanced search algorithm and artificial intelligence to provide users with intuitive and accurate targeted search experiences. Subscribers can simply send their search terms via chat and receive regulatory documents within seconds.
This service is available to all PIL clients across various regulatory databases, including the insurance and savings capital market, securities, and banking and credit data areas.
The PIL system is the sole system in Israel that provides current financial regulation data, ensuring up-to-date and reliable information for regulated entities. By using PIL’s system, entities can significantly reduce the risk of regulatory violations and save valuable time that would otherwise be spent collecting and organizing information using outdated and unreliable tools.
PIL’s regulatory search system is currently utilized by numerous supervised entities in different areas of regulation. The system was initially launched in early 2020 for the regulation of the capital market, insurance, and savings sectors. Since then, the company has expanded its databases and added various functional capabilities, enabling customers to manage compliance risks efficiently through technology.
Morly Dory, CEO and founder of PIL, stated that the new WhatsApp service solves a real problem by providing users with high-quality search results and delivering the documents directly through WhatsApp. Dory highlighted the reliability and accuracy of PIL’s search results, emphasizing that these qualities are unmatched by other search tools. The WhatsApp interface has already received enthusiastic responses, with over 20% of users utilizing it upon 1st day of launch.
watch a demo video of the service:
