Abu dhabi: United Arab Bank (UAB) has announced a strategic partnership with Smarbl, a leading RegTech and AI innovator, to co-develop and launch RegPRISM, an advanced regulatory intelligence and compliance management platform.

According to Emirates News Agency, this strategic move underscores UAB's commitment to meeting high standards of regulatory compliance, enhancing operational efficiency, and securing its reputation as a technological pioneer in the financial sector. Designed to transform how financial institutions navigate regulatory obligations, RegPRISM leverages the power of artificial intelligence to provide real-time visibility into regulatory changes, enabling UAB to track, extract, interpret, and manage actionable obligations efficiently and accurately.

This partnership brings together UAB's deep-rooted compliance expertise and commitment to digital transformation with Smarbl's cutting-edge AI capabilities, positioning both organizations at the forefront of compliance automation in the Middle East. Commenting on the partnership, Shirish Bhide, CEO of United Arab Bank, emphasized UAB's focus on building a future-ready bank that embraces innovation to meet evolving regulatory and customer expectations. Bhide described RegPRISM as a transformative tool in compliance management, enabling proactive management of regulatory changes with speed and accuracy.

Ajay Raju, Co-Founder of Smarbl, noted that the partnership marks a significant step toward a new standard of AI-driven compliance in the region. By aligning Smarbl's AI and cloud-native architecture with UAB's vision for digital-first governance, the platform translates regulatory change into actionable intelligence, helping the bank safeguard customers and unlock operational capacity. Raju highlighted the potential for compliance to be proactive, scalable, and a catalyst for better banking, rather than merely a cost of doing business.