For compliance and risk teams at banks and heavily regulated industries
Your taxonomy was built for people.
R2 prepares it for AI.
Your GRC platform records what your team needs to manage risk. It doesn’t specify what AI needs to decide applicability. R2 updates the mappings you already have and provides a regulatory library to match, so AI can triage applicability and gaps at scale.
MappingHow a regulatory mapping works
Mappings
Organized by internal categories
What banks track today
- Risk ratings
- Control owner
- Policy status
- Impacted LOBs
- Mapping notes
Not consistently captured
- Definitions
- Who must act
- What they must do
- Conditions
- Verified source links
- and more
Regulatory requirements
Needs
- Citations
- Obligations
- Summaries
Internal compliance processes and documents
Linked by hand
- Policies
- Procedures
- Controls
- Tests
Links are maintained by hand. AI has to guess what each category means and why each link exists.
How R2 enhances
- Extended taxonomy
- Regulatory library
AI triages applicability and gaps at the obligation level.
01 — The problem with your data
When AI uses your taxonomy, does it increase or decrease errors?
What guessing looks like
A consumer credit rule was filed under Governance.
Obligation
An MCD article 3(1)(b) creditor must comply with CONC 6.7 (post contract: business practices).
UKFCA HandbookCONC 1.2.8(2)
Linked by Topic, Jurisdiction and Description
Existing taxonomy
AI justification
The obligation requires compliance with CONC 6.7, which is a specific rule within the FCA Handbook. This topic covers ongoing regulatory obligations under the FCA Handbook for regulated firms.
Without R2’s extended taxonomy
What went wrong
All three fields fit loosely: a broad Topic (Governance), the right Jurisdiction (UK) and a Description that covers any FCA rule. None of them ruled out a consumer credit rule on post-contract practices.
What the data didn’t say
What Governance excludes. No field sets a scope, so the Description matches any FCA rule.
In each case, the taxonomy led the AI to a wrong answer.
02 — The problem with regulatory data
Can AI read regulatory structure correctly?
QuebecPrivacy act P-39.1p. 9
Structural issue
The page carries a second, invisible copy of the citation text.
What breaks
The citation is corrupted: s. 110 becomes s. 1101.
Expected structure
- 2021, c. 25
- s. 110
Extracted structure
- 2021, c. 25
- s. 1101Corrupted citation
03 — How R2 works
R2 extends and validates your data so AI can help scale your compliance process.
01
Extended taxonomy
R2 builds a new dataset from your existing taxonomy. It transforms each mapping and extends it with the structure and data a large language model needs, checked against the source.
- Each category carries the scope, inclusions, exclusions, and contrasts AI needs.
What R2 adds to each mapping
- Who must act
- What they must do
- Conditions
- Link to your topic ID
- and more
Like your existing taxonomy, the AI mappings have to align with the way your company perceives its risk.
02
Regulatory library
R2 turns each source into structured requirements with precise citations.
- Each obligation extracted from the source text, with its citation.
- One consistent structure, with citations at any level of detail, linked to the text.
03, enabled by parts 01 and 02
Applicability and gap analysis
Your taxonomy, the extended taxonomy and a detailed regulatory library work together, so AI can assess applicability and find applicable obligations with no mapping, at scale. Every recommendation, including those on new and changed rules, has a clear justification tied to an obligation and grounded in your taxonomy.
Your team adds judgment.
AI adds scale.
Your experts keep responsibility for interpretation and approval.
Start with an assessment
Is your taxonomy ready for AI?
Choose the sources or jurisdictions you want to test. For those, R2 builds the extended taxonomy and the regulatory library, and runs the applicability and gap analysis.
Delivered as a dataset you can load into your existing GRC platform, for your team to maintain.
What you receive
- Extended taxonomy
- Regulatory library
- Applicability and gap analysis