Introduction: The Real Reason Audit Preparation Feels Like Firefighting
A Deloitte survey of senior compliance officers found that over 70% of audit preparation time is spent not on risk analysis but on locating and validating the underlying data. Instead of focusing on insights, strategic oversight, or regulatory forecasting, most compliance leaders are consumed by a tactical scramble to “clean up the data” just days before submission.
Why? Because most compliance functions still rely on fragmented systems and manual processes to manage entity data, which is the foundation of nearly every regulatory report. That is not sustainable. More importantly, it is no longer necessary.
Meet TruNtity, the AI-powered entity management solution designed to embed compliance into the entity lifecycle itself.
Real more: Why Migrating Dirty Data is Costlier Than You Think
The Hidden Threat: Incomplete, Unverified Entity Records
Your compliance tools may be modern. However, if the entity records flowing into them are incomplete or suffer from unnecessary duplication, all downstream automation efforts will be ineffective. Significant manual enrichment and a lack of regulatory-specific attributes are also core problems. Stakeholders also complain about inconsistent audit trails due to missing evidence history.
Protecting your team from scrutiny and compliance threats becomes more challenging because of the above concerns. Whether it is FR 2052A, AnaCredit, GDPR, or internal audits, you are only as strong as the data empowering your enterprise leadership decisions.
This is where most compliance functions go wrong. After all, they treat entity resolution as a technical or operations issue. In reality, it is a compliance enabler.
Read more: Why Financial Institutions Must Prioritize AI-Powered Entity Management in 2025
How TruNtity Solves It
TruNtity is an advanced entity management software built to ensure regulatory compliance from the ground up.
Here’s how we make it effortless:
🔹Versioned, Verified, and Regulator-Ready
Every change to an entity is logged, attributed, and time-stamped, complete with evidence attachments. No last-minute scramble, thanks to the built-in traceability.
🔹Pre-Mapped Compliance Fields
From LEI to RSSD, from FR 2052A to AnaCredit, TruNtity has regulatory attributes baked into the data model, ensuring consistency, accuracy, and audit readiness.
🔹Automated Governance Workflows
Our rule-based workflows automate validation, rework, maker-checker approvals, and review cycles. No more dependency on Excel or email chains.
🔹Real-Time Alerts and Escalations
Get notified of critical attribute changes, anomalies, or overdue verifications. In other words, you will never be caught off guard during an audit.
🔹AI-Powered Document Intelligence
If the need to extract entities from source documents arises, TruNtity uses generative artificial intelligence (GenAI) to auto-tag and validate the information. Its capabilities help decrease manual input effort by over 60%.
Read more: Compliance Should Not Be a Fire Drill: It Should Be Built-In
Built for Today’s Compliance Reality
Whether you are preparing liquidity reports, onboarding new entities, or reconciling ownership structures post-M&A, TruNtity gives you a centralized entity management platform that scales with regulation. Financial institutions can get full audit trails and compliance visibility from day 1.
TuNtity also offers seamless integration with your existing AML, KYC, and reporting systems. Therefore, your team can avoid more rework, ensuring a reduction in patch-up jobs. The structured compliance will continue to run quietly in the background.
Read more: Why Most Compliance Risks Start with Dirty Entity Data – and How to Fix It
What Compliance Leaders Are Saying
“TruNtity does not just help us respond to audits. It helps us prevent audit issues from arising in the first place.”
– Global head of regulatory compliance, tier-1 European bank
Conclusion: End the Firefighting. Start at the Foundation.
If your compliance workflows are constantly in recovery mode because you are trying to fix what went wrong upstream, it is time to change the model. With TruNtity, you move from a reactive, error-prone process to a proactive, audit-ready system. It is not just about passing the next audit. It is about embracing the philosophy of compliance by design.
Want to see how TruNtity embeds governance and auditability into every entity record?
Let’s talk. Request a demo.
About TruNtity: An Entity Management System by SG Analytics
TruNtity, SG Analytics’ AI-powered entity management software, provides a secure, API-first architecture that streamlines compliance assurance. From real-time corporate action tracking to enhancing document intelligence via generative AI integration, TruNtity equips banks, financial institutions, and compliance officers to ensure resilience. Whether you want audit-ready workflows for KYC/AML procedures or comprehensive legal entity identification powered by built-in referential integrity, SG Analytics’ TruNtity platform will meet all those requirements and more.
