Case Study: Volksbank achieves DORA compliance with GFT’s AI-powered Smart Compliance

Volksbank streamlines DORA compliance with GFT using AI and GenAI

Volksbank, a regional bank, faced the challenge of optimizing manual controls for its IT vendor contracts to ensure compliance with the DORA regulation. Their security team needed a solution that would guarantee control, security, and accuracy while ensuring operational scalability. They partnered with vendor GFT Technologies to address this.

GFT Technologies implemented its proprietary Smart Compliance solution, a cloud-native SaaS product powered by AI and GenAI. This solution automates contract analysis, assigns compliance scores, and suggests improvements. The results for Volksbank include ensured regulatory alignment, a reduction in operational time and errors, and the establishment of a scalable framework for an AI-enhanced compliance model.

Volksbank