Ashurst is embedding AI across its global business to enhance productivity, build future-ready skills and deliver faster outcomes for clients. The firm’s approach combines advanced technology with deep legal and sector expertise, allowing people to focus on higher value work.
Ashurst worked with a major Australian bank facing a regulatory deadline to overhaul how it measured and reported risk. The challenge involved linking collateral to loan documentation across a large, high-risk portfolio. A traditional manual review would have been slow and costly, exposing the bank to compliance and reputational risk.
Within a week, Ashurst built and deployed a system using a secure GenAI platform that automatically extracted and organised information from thousands of documents, flagging higher-risk items to senior banking and regulatory specialists at the firm for expert judgement. Ashurst also built real-time dashboards to give the bank full transparency over the project, which supported confident decision-making and regulatory assurance.
This system reduced risk through consistent, auditable compliance monitoring, while also improving speed and efficiency. Reviews were completed 58 per cent faster, with average cycle times reduced from hours to minutes. Accuracy met the bank’s regulatory standards, enabling on-time compliance and establishing a scalable model for future regulatory change.