Reg BI Compliance Review demo

What the demo shows

Agents test every retail recommendation and its rationale against Reg BI for supervisors

The signature screen is a constellation: every retail recommendation from the day is a dot, placed by how similar its written rationale is, so a tight cluster of copied reasons from one branch shows at a glance, and firm-approved templates are recognized and shown apart. Clicking a dot opens the recommendation beside the client's investment profile, its costs and the reasonably available alternatives. Six agents do the work overnight: the Intake agent joins each recommendation to the profile, the product costs, the shelf and the payout grid; the Care agent tests costs and alternatives over the client's horizon; the Profile agent tests fit; the Rationale agent finds copied, generic and contradicting reasons, traces their source and looks back; the Conflicts agent checks compensation; and the Remediation & Records agent drafts follow-ups and letters, checks advisor replies, estimates restitution and seals the case file. When agents disagree, both views are shown. A supervising principal decides every flagged item with a reason code, an analyst confirms every closure, and anything that may need restitution goes to the CCO.

Transcript

1. 0:00Reg BI Compliance Review tests every recommendation and its rationale for supervisors.
2. 0:09Firms still sample, and FINRA keeps finding copied reasons.
3. 0:15Overnight, six agents reviewed all of yesterday's recommendations, 61 need Rene.
4. 0:23Each dot is one, placed by how alike its rationale is.
5. 0:29A tight cluster, 37 identical rationales, all from one branch.
6. 0:37Wanda, a 72-year-old conservative client, sold an L-share annuity.
7. 0:44The care agent finds the A-share costs 1.45% a year less.
8. 0:51Profile and conflicts agree.
9. 0:53Access she doesn't need, higher pay.
10. 0:58Renee decides, a follow-up to the advisor, inside her free-look window.
11. 1:05Possible restitution goes to the CCO with the math drafted.
12. 1:11Every finding cited Every decision reasoned, signed, and logged Every recommendation reviewed Not sampled and fixed while the fix is free Built
13. 1:25on Botminds Agents, data, screens, and governance on one platform

Transcribed from the film’s narration. Captions are on the player.