Myriad AI

Myriad AI provides a compliance automation framework that ingests regulations and internal policies and outputs structured insights mapped to business processes. It supports tracking changes in regulatory regimes and assists in aligning internal controls, reporting, and governance functions with regulatory requirements.

Key Features and Functions of Myrad AI include:

Document Ingestion & Parsing
Supports bulk ingestion of regulatory documents, guidelines, and policy texts; parses and normalizes them to structured formats.

Rules & Obligation Mapping
Extracts obligations, prohibitions, and permissions from regulatory texts; links them to business units, processes, or internal controls.

Regulatory Change Monitoring
Continuously monitors amendments or updates to regulations and flags shifts relevant to an organization’s operations.

Compliance Gap Analysis
Compares internal policies and controls against applicable regulatory obligations to identify gaps or divergences.

Traceability & Audit Trails
Maintains logs and linkages from regulatory text to internal processes and control points for audit and demonstration purposes.

Reporting & Dashboards
Generates summaries, risk heatmaps, and compliance status dashboards for stakeholders such as legal, compliance, and audit teams.

In 2024, Myriad AI recieved $2M in pre-seed funding.