Enhance Audio Review with Theta Lake's Advanced Compliance Tools
Discover how Theta Lake modernizes audio review, using NLP and AI to ensure compliance by detecting mistranscriptions and industry-specific risks.
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Added on 09/06/2024
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Speaker 1: Theta Lake can modernize your audio review practice and eliminate reliance on keyword search for voice-to-text transcription. Theta Lake ingests large volumes of audio recording via integration partners such as RingCentral, Zoom, and Redbox recorders. Top-of-the-line transcription tools are applied to serve as a base layer for high-quality content analysis. Theta Lake uses natural language processing to add relevance and normalization to the transcript by detecting commonly mistranscribed words, applying word embeddings, identifying words that sound alike, and layering in context. Once normalized, the transcript is then analyzed for industry-specific regulatory and corporate compliance risk. Conversations with risk detections are then surfaced in an AI-assisted workflow and routed to compliance teams for final review. Theta Lake's AI-driven compliance advisor automatically flags potential compliance risks that require human review. In this conversation, possible Dodd-Frank activity was flagged.

Speaker 2: Hi Jeff, it's Art from Garfield Capital. I wanted to give you a call to finalize that

Speaker 1: vanilla rate swap we discussed last week. Due to mistranscription, the term vanilla rate swap was missed and would have remained undetected in a basic keyword search. However, Theta Lake's advanced layering method triggered a policy detection for compliance reviewers to investigate. Find out how Theta Lake can add last-mile compliance to your audio supervision at thetalake.com

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