Smarsh Launches Integration with OpenAI’s ChatGPT Enterprise Compliance API
Everyone was excited for the prospect of having their own personal research and writing assistant when ChatGPT landed on the scene last year. However, as we’ve previously covered, those in the financial services sector had questions about the use of generative AI in general — especially how it impacts their compliance and regulatory obligations.
That's why we’re thrilled to announce that Smarsh is launching an integration with OpenAI’s ChatGPT Enterprise Compliance API! This integration will capture, store and monitor conversations data created in ChatGPT Enterprise.
This paves the way for financial services firms to accelerate their adoption of ChatGPT Enterprise to increase their employees’ efficiency and productivity.
What is ChatGPT Enterprise?
ChatGPT Enterprise is a version of OpenAI's ChatGPT that’s tailored for business use and offers enhanced features and capabilities such as administrative tools, advanced security and data privacy, increased usage limits and analytics.
With financial services organizations under increasing executive pressure to adopt AI technology, Smarsh’s integration with ChatGPT Enterprise will allow firms to elevate their workforce and boost productivity with generative AI all while supporting supervisory processes and mitigating risk.
This will unlock a world of opportunity for the industry for firms, enabling them to improve security, speed, efficiency and scale while helping to meet regulatory requirements, such as SEC Rule 17a-4.
What does the Smarsh integration with OpenAI’s ChatGPT Enterprise Compliance API look like?
This capture solution enables Smarsh customers to leverage ChatGPT Enterprise company-wide while helping to meet supervisory challenges.
Using this integration, firms can capture and store conversations from ChatGPT Enterprise, including user prompts, responses, text, images and other data.
The integration highlights the strong reputation and standing of Smarsh as the global leader in digital communications capture, archiving and oversight for over 20 years.
We are incredibly proud to build this compliance integration for ChatGPT Enterprise, especially as regulatory perspectives and guidance on AI gain clarity.
What's next?
We’ve previously offered guidance on using generative AI compliantly, and our Enterprise Platform is already powered by regulatory-grade artificial intelligence.
Our integration with OpenAI’s ChatGPT Enterprise Compliance API allows us to continue to innovate in the generative AI space and support compliance for the newest technologies for our customers at an unmatched scale.
Learn more about our integration here.
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Scalable for organizations of all sizes, the Smarsh platform provides customers with compliance built on confidence. It enables them to strategically future-proof as new communication channels are adopted, and to realize more insight and value from the data in their archive. Customers strengthen their compliance and e-discovery initiatives and benefit from the productive use of email, social media, mobile/text messaging, instant messaging and collaboration, web, and voice channels.
Smarsh serves a global client base that spans the top banks in North America and Europe, along with leading brokerage firms, insurers, and registered investment advisors. Smarsh also enables state and local government agencies to meet their public records and e-discovery requirements. For more information, visit www.smarsh.com.
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