Red Marker specializes in automating marketing copy reviews using a mix of automation, machine learning (ML), and natural language processing (NLP). Their RiskGPT functionality suggests compliant replacement text when risky language is detected.
Red Marker provides marketing compliance software designed to automate and streamline the compliance review process for advertising and marketing content across various industries.
Key Features and Offerings:
Automated Compliance Reviews: Red Marker's software employs artificial intelligence and automation to analyze marketing content, identifying potential legal and brand risks. This system delivers real-time feedback, facilitating compliance with industry-specific regulations like those of the Financial Conduct Authority (FCA) or the Financial Industry Regulatory Authority (FINRA).
Industries Covered: The software supports a range of sectors including financial services, insurance, automotive, telecommunications, food and beverage, pharmaceuticals, and healthcare. Each industry has its particular compliance challenges, and Red Marker tailors its solutions to address these specific needs efficiently.
Technological Integration: Red Marker integrates with various content creation and project management tools. Supported platforms for integration include Microsoft Word, PowerPoint, Google Docs, Figma, Adobe Workfront, and Monday.com. This allows users to apply risk detection and ensure compliance across existing workflows.
Document Scanning and Web Reports: These are two primary offerings by Red Marker. Document scanning quickly highlights risks in marketing content, while Web Reports provide insights into online compliance by auditing web domains for high-risk content.
Legal and Marketing Team Partnership: Red Marker seeks to transform compliance into a collaborative process between marketing, legal, and compliance teams, addressing both defensive and preventative use cases. The system simplifies the legal back-and-forth by helping marketing staff pre-emptively adjust content for compliance.
Custom Risk Detection: The platform offers bespoke solutions by applying custom logic that fits the specific business needs, ensuring that brand standards and regulations are met consistently.
Compliance Benefits:
Efficiency: The system aims to reduce time spent on manual compliance checks by up to 30 times, saving resources and allowing teams to focus on strategic tasks and creative initiatives.
Consistency: Red Marker automates the detection of high-risk elements like misleading statements, incorrect disclaimers, and unsubstantiated claims, enhancing the reliability and consistency of consumer-facing content.
Security: It adheres to strict security standards, being ISO 27001 compliant, which ensures comprehensive data protection.
Ongoing Support and Adaptation: The platform provides ongoing training and support to users, ensuring they are equipped to handle updates and changes in their compliance landscape, including adaptations for international regulations.
Overall, Red Marker proposes a suite tailored to help organizations maintain regulatory standards across their marketing efforts, ultimately aiming to protect brands from legal and financial risks associated with non-compliance.