For financial institutions
Bank-grade security. Article-level answers.
Factum runs under zero data retention, an ISO/IEC 27001:2022 certified security system and GDPR-aligned EU hosting. On that foundation, your legal and compliance teams check documents against the regulation in force, analyse whole sets at once, research the law and bylaws, and draft.
No credit card required
Security
Built to pass your vendor-risk review
Confidentiality is not a feature added for regulated clients. It is how the platform is built, and it is documented so your security team can verify it.
Read the security pageZero data retention
Nothing retained, nothing trained on
Factum operates under official zero data retention with an opt-out from Google Gemini abuse monitoring. Nothing your team types or uploads is retained for anyone to review, and it is never used to train models.
ISO/IEC 27001:2022
A certified security management system
The information security management system is certified to ISO/IEC 27001:2022, with mandatory code review, vulnerability scanning, patch management and daily backups with point-in-time recovery.
GDPR
EU infrastructure, encrypted end to end
Hosted at Hetzner in Germany and on Google Cloud in the EU. AES-256 at rest, TLS 1.3 in transit, row-level segregation between clients, least-privilege access, and incident notification within 24 hours. SAML single sign-on for enterprise.
Workflow
The work your teams bring to it
Legal, compliance and risk share the same platform and the same law. Each capability is built for a job they already have.
Compliance check
Check terms, policies and contracts against the regulation in force
Pick the regime — GDPR, the national banking and consumer acts, the regulator's bylaws or your own checklist — and Factum reviews the document requirement by requirement, scores it and cites the article behind every flag.
- Consumer, data-protection and sector rules in one check
- Score per requirement, article behind every flag
- Terms and conditions, product documentation, outsourcing contracts
Advanced analysis
Analyse the whole portfolio, not one file at a time
Hundreds of loan agreements, a year of supplier contracts, the full policy library. Upload them together and Factum processes them in parallel, answering the same questions for each and returning a table your team can act on. Any format, including scans.
- Parallel processing across the whole set
- Scans and photographs, no text layer needed
- Results as a table, from your documents and the law side by side
Law and bylaws
The regulator's bylaws, searched alongside the act
Every answer is built on consolidated legislation and returns the exact article and its source. Laws and bylaws are searched together, so a decision, rulebook or guideline that carries the detail is not missed. Where Factum lacks the answer, it says so.
- National law, EU law and bylaws in one search
- Consolidated, current with every amendment
- Sources at the top of every answer and inline
Drafting
Draft the amendment on your own templates, in Word
Select the clause, ask for the compliant wording, and Factum drafts it tied to the governing provision, in Factum or inside Microsoft Word through the official add-in. Your templates stay yours.
- Compliant wording tied to the provision
- Your institution's own templates
- Word add-in for the final document
In practice
Ask it the way you would brief outside counsel
Three prompts bank legal and compliance teams run in a typical week.
Check the terms
Check the attached consumer loan terms against the Consumer Protection Law and the central bank's bylaws on transparency. List every gap with the article it fails.
Review the portfolio
For each of these outsourcing agreements, does the data-processing clause meet Article 28 GDPR, and is there an audit-rights clause? Return a table.
Draft the clause
Rewrite clause 9 of our account agreement so it complies with the amended Payment Services Law. Keep our template wording everywhere else.
Outcomes
What changes for the institution
Bank legal teams describe the same shift: instant, verifiable answers on complex domestic regulation, and less risk of a missed provision.
Zero
client data retained or trained on, under an official zero-data-retention arrangement
Hours
for a full document check that teams tell us used to take weeks
Every flag
comes with the article it rests on, so the finding survives internal audit
Sparkasse Bank bases its market position on the principles of trust, stability, and compliance with the highest professional standards, with a strategic focus on continuous investment in advanced technological solutions. The introduction of Factum AI as part of our daily operations has provided us with instant, precise, and verifiable answers to questions from the complex domestic regulations, which is of immeasurable value to our team. This means less time spent on research, minimized risk of errors, and stronger confidence in our overall operations.
Questions
Questions we hear from financial institutions
See it on your own documents
A 30-minute walkthrough with the team, in your jurisdiction, on a file you choose.
In the EU. Primary services and databases run at Hetzner Online GmbH in Germany and on Google Cloud Platform. Data is encrypted with AES-256 at rest and TLS 1.3 in transit, and clients are segregated with row-level security.
