iCOMPASS, a Singapore-based regulatory technology (RegTech) firm, has launched ULTRA, the world's first AI-powered compliance operating system for financial institutions. ULTRA harnesses artificial intelligence (AI) and workflow automation to help boards, senior management, and compliance teams proactively manage risk, streamline regulatory obligations, and enhance oversight.

"As financial activities grow more complex, compliance is becoming a bottleneck. It is increasingly costly, fragmented and slow to adapt, especially for smaller players," explained Raymond Moh, CEO of iCOMPASS. "Without change, this will limit innovation and deepen inequality in market participation. With Explainable AI, we can close the gap. This is the problem we are solving with iCOMPASS' ULTRA."

iCOMPASS' ULTRA will debut at the Monetary Authority of Singapore (MAS) booth stage during the 10th annual Singapore FinTech Festival 2025 (SFF), the world's largest FinTech gathering. The presentation will feature real-world use cases shared by its flagship financial institution users, with both iCOMPASS and its partner institutions participating in the MAS PathFinder Programme.

iCOMPASS was founded by compliance veterans with decades of experience serving MAS-licensed financial institutions. Leveraging a deep understanding of Singapore's regulatory ecosystem, the firm designs technology that bridges real-world compliance practice with AI-driven governance innovation.

Building on the success of its flagship iCOMPASS KYC platform, ULTRA represents the next step in Singapore's RegTech evolution. It redefines how financial institutions manage, monitor and govern compliance across the enterprise, leveraging the immense potential of AI.