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Regulation AI

The Magic Mix of Tech, People, and Culture — What Makes Ascent an Exciting Place to Work

By Blog, Culture, Tech

Those who are passionate about using technology to solve serious problems for both businesses and consumers alike will find here an environment of continual growth, expanding of boundaries, and optimism for the future that we all get to have a hand in building.

By Arbela Takhsh, Chief Operating Officer

From the moment I first learned of Ascent, I had an inkling that this young company was building something unique. However, it wasn’t until a casual conversation over coffee with Ascent’s Founder and CEO Brian Clark that I fully appreciated its potential to radically transform the market.

I’m no stranger to technological innovation. From my decades spent building and scaling tech products at companies like Motorola, Google, Comcast, and Gogo, I know that achieving the right balance of market need, technological capability, talent, and culture to successfully bring a product to market is incredibly difficult — and rare. 

By the time we’d finished our coffee, I knew I wanted to join Ascent on their mission to leverage cutting-edge technology to build a world that’s not constricted, but empowered by the rule of law.

As Brian — a former Chief Compliance Officer and “recovering lawyer” (as he likes to say) — talked me through the company’s vision, the technology they were building, and the powerhouse team he’d assembled, a realization began to crystallize — these folks were on to something special. By the time we’d finished our coffee, I knew I wanted to join Ascent on their mission to leverage cutting-edge technology to build a world that’s not constricted, but empowered by the rule of law.

I have been in the tech industry my entire career, and my enthusiasm to join the Ascent team was due in large part to their work with emergent technologies. We see that terms like “natural language processing”, “machine learning”, and “artificial intelligence” are everywhere and largely used as buzzwords. 

Ascent however is continuing to make a real and significant technology investment, building a highly innovative data architecture and data engineering platform, a very unique data processing pipeline, and customer applications using cutting-edge technologies and languages. Our mission is to deliver knowledge powered by our expertise in artificial intelligence, technology, and the domain of regulatory compliance.

Our team is building what we call Regulation AI from the ground up. This innovation in regulatory technology allows us to automate the most challenging aspects of compliance work in a way that’s more intelligent, more actionable, and more transformative than what was deemed possible even a few years ago. Ascent isn’t just another SaaS platform; it’s a unique and fundamentally new approach to producing knowledge that goes far beyond mining data for insights and wrapping it up in a user-friendly interface. The application of this technology in the multi-billion dollar compliance industry is groundbreaking and has the potential for delivering massive value to the world of financial services and beyond. 

Most engineers and other technical people I’ve met thrive on the opportunity to not only work with exciting technologies, but to actively shape the world with them. That’s the opportunity that awaits at Ascent.

Most engineers and other technical people I’ve met thrive on the opportunity to not only work with exciting technologies, but to actively shape the world with them. That’s the opportunity that awaits at Ascent. Those who are passionate about using technology to solve serious problems for both businesses and consumers alike will find here an environment of continual growth, expanding of boundaries, and optimism for the future that we all get to have a hand in building. 

I mentioned earlier that success comes not from a great idea, but in the magical amalgamation of technology, people, and culture. It’s not enough that Ascent is building an amazing product; culture plays a crucial role in our ability to deliver and scale. Our core values of Integrity, Cooperation, Persistence, Customer Obsession, and Innovation are integral to how we show up each and every day. Our values work naturally toward a strong company culture that builds enthusiasm among our team.

I believe everything starts and ends with creating real value for our customers. I strongly promote customer-focused strategies, operating cadence, and performance indicators that measure success in the eyes of those actually using our product.

As the person responsible for driving technological and operational excellence here at Ascent, I believe everything starts and ends with creating real value for our customers. I strongly promote customer-focused strategies, operating cadence, and performance indicators that measure success in the eyes of those actually using our product. This deep commitment to the customer is reflected in all that we do and furthermore, it’s how we generate sustainable business value and drive operational scale while building a strong culture driven by our values.

As the inventors of Regulation AI, we thrive on creating solutions that will help businesses grow unencumbered by complex regulation without compromising consumer protection. 

It’s been said that necessity is the mother of invention, and every team member at Ascent understands how necessary this technology is to the future of financial services. As the inventors of Regulation AI, we thrive on creating solutions that will help businesses grow unencumbered by complex regulation without compromising consumer protection. 

For many, the opportunity to shape the technology of the future indicates a cool job opportunity. Expanding that opportunity into the ability to provide transformative solutions that span the globe? That’s career-altering. 

With customers from global financial institutions around the world, we’re on the fast path to major market impact. Now, we’re on a mission to build the best team in the world.

Interested in joining us? Check out our open roles below. 

Careers

 

Solution Highlight: How Ascent Automates Regulatory Change Management

By Blog

Ascent for Regulatory Change Management

Ascent offers targeted regulatory knowledge — in other words, the obligations that are relevant for your firm, broken down in granular detail so you know exactly what you need to do to stay in compliance.

READ MORE: What are granular regulatory obligations and why are they important?


While there are many ways that financial institutions can leverage Ascent’s knowledge to improve their compliance operations, one of the most important and common use cases is regulatory change management. Below is an overview of Ascent’s capabilities that allow you to easily surface relevant rule changes and determine how they impact your firm. 

READ MORE: A tech-based approach to Regulatory Change Management


Regulatory Change Feed

Ascent’s regulatory change feed surfaces rule additions or amendments that are relevant to your firm. 

screenshot of Ascent's Regulatory Change Feed

Clicking on any of the document titles leads you to the full PDF of the document, which you can share with colleagues or download. Ascent’s disposition feature allows you to mark documents as in need of review by colleagues.

Screenshot of Ascent Rule Change Documents

Rule Compare

Ascent provides a side-by-side comparison of the current and previous version of the rule with the differences redlined. Easily scan the rule text and see what has changed.

Screenshot Ascent Rule Compare

Impacted Obligations

With every rule change, Ascent indicates the impact to your obligations register, showing whether you have new obligations, deleted obligations, or changed obligations due to the change.

Screenshot of Ascent Impact Analysis

Drill into the details of how your obligations have changed. Every obligation is presented at its most granular level, meaning the individual action that your firm must take (or refrain from taking) in order to be compliant. Each obligation is accompanied by crucial data such as the rule number it came from (giving you utmost transparency and traceability) and the effective date. 

Screenshot of Ascent Obligation

Narrowing your regulatory universe

Ascent provides the most relevant information at every step of the change management process, ensuring you know exactly how rule amendments impact your business. 

  • Provides all regulatory documents that include rule changes relevant to your firm
  • Synthesizes those documents into rules and shows you how the rule itself has changed
  • Synthesizes the rules into obligations targeted to your firm

 

Interesting in learning more about how Ascent can help you manage regulatory change more effectively? Contact us to schedule a demo or talk to a sales team member.