The Challenge
Financial institutions are experiencing rising demands from the accelerated pace of regulatory change, leading them to search for innovative technology solutions. With increased regulatory scrutiny and a growing number of regulations, the costs and complexities of remaining compliant have never been higher.
To stay ahead in the industry, institutions need a Next-Generation Regulatory Change Management solution powered by AI to increase control and streamline operations, enabling them to proactively address future regulatory changes.
Is Your Business Facing These Challenges
Disconnected Solutions & Data Silos
Product limitations force the use of disconnected tools, causing data silos and visibility gaps, leading to reactive rather than proactive decisions.
Risky Manual Workarounds
When vendor tools fall short, teams rely on email & spreadsheets for collaboration, which lack audit trails, increasing the risk of compliance issues and audit failures.
Vendor Limitations Holding You Back
Vendor products lack features your business needs, forcing teams to work around limitations while you wait for vendor feature prioritization & solution updates.
Struggling to Answer Critical Questions
Data repository and reporting constraints limit visibility, causing delays in answering critical questions for executives, the board, and auditors.
Being able to adapt quickly reduces your regulatory compliance risk
Regulatory Change Management (RCM) is a tailored solution designed to address the unique challenges faced by financial institution. By integrating data-driven insights and intelligent automation, RCM simplifies the management of regulatory changes, empowering your organization to confidently meet compliance obligations while enhancing operational efficiency.
- Eliminate Missed Deadlines
- Avoid Non-Compliance Fines
- Enforce Compliance Policy
- Reduce Cycle Time
- Automate Document Extraction
- Reduce Manual Workload
Integrated Modules You Control
Regulatory Developments Intelligent Automation
- Seamless Integration with Horizon Scanning Tools
- Extraction of Regulatory Document Content
- Draft Regulation Feedback Summation & Recommendations
Business Impact Assessments
- Impact Assessment Framework for your Business
- Severity & Impact Scoring and Prioritization
- Business Impact Assessment Feedback Summation
Regulatory Project Management
- Monitoring Execution of Cross-Functional Teams
- Automated Identification & Escalation of Project Risks
- Deadline Driven Assurance of Controls
Unlock the Competitive Advantage for Your Bank
- A Modular Application: Fit within your unique environment to improve compliance by reducing risks and increasing control.
- Flexible Deployment: Seamlessly integrate into your bank's existing infrastructure working across the 3 Lines of Defence.
- Gain Control & Agility: Adapt and customize the solution to your organization's needs now & in the future.
Built on a leading low-code platform with Intelligent Automation, Regulatory Change Management (RCM) is an essential accelerator for financial institutions dealing with regulations, compliance, risk, and legal matters. RCM can be customized to your specific needs in as little as 12 weeks
The Benefits of a Low-Code Platform
Unlock Your Data
Accessing, ingesting, and analyzing data is a chief concern for organizations.
Our platform helps remove the challenge from integration and lets you incorporate new technologies, data sources, APIs and AI.
Foster Reuse
Speed up innovation and reduce costs by leveraging reusable components.
Use skills, objects, APIs and rules from your first project to speed up future applications.
Functional Design
Employees and customers expect intuitive solutions that are easy to use.
Build modern user experiences that free staff to focus on high-value tasks that help clients shape better decisions.