INTEGRATED COMPLIANCE MANAGEMENT
Benefits of an integrated compliance management solution in risk and compliance management
As financial regulation becomes more ambitious and covers a wide gamut of business operations, finding creative ways to incorporate regulatory content into every aspect of business operations is critical for ensuring that you are in compliance.
However, mobilising major business units and ensuring that they are following both recent and established compliance obligations is a huge challenge to execute effectively.
To meet ambitious compliance requirements, organisations have to implement plenty of administrative operations that may dampen business operations, turning compliance into an inefficient process bogged down by red tape.
To overcome these problems, organisations need to adopt an integrated approach to compliance management.
At FinregE, this is what we specialise in.
Our compliance management solution can help you mitigate risks in managing compliance by integrating it more effectively into business operations.
Problems we help resolve
- Eliminate the complexity behind regulatory management functions.
- Reduce the cost of compliance management and make it more feasible.
- Mobilize different business units and departments to follow compliance.
- Identify and remove repetitive and time-consuming procedures in compliance.
- Remove the red tape, bureaucracy, and inefficiency in regulatory management.
Why use FinregE?
FinregE is the first and only integrated compliance management solution that uses the power of AI, NLP, and machine learning to make regulatory content simpler and more accessible.
The solution aims to turn compliance management into a simple, scalable process to remove errors in compliance, mitigate errors and convert compliance management into a more efficient process.
Our team has over twenty years of experience in regulatory policy development, regulatory change, financial supervision, data algorithms, and software product design.
We leverage all that knowledge to help our clients tackle their compliance problems and convert into a simple, scalable process.
With FinregE, you can reduce compliance costs and turn into a more agile process that is better suited for mitigating risks at a time when financial regulation is becoming more complex.
Benefits of using a FinregE compliance management solution
- Receive the latest compliance updates from regulatory bodies around the world.
- Save time on compliance management by mapping compliance processes to internal operations.
- Highlight and tag publications to be actioned for institution-specific impacts, actions, and timelines.
- Optimise change management by tagging specific impacts, actions, accountability, status, and timeline.
- Find compliance gaps with interactive dashboards to assess workflow and report on regulatory change.
Book A Call
Want more information on our regulatory change management solution? Book a call with us! Our CEO and Lead Regulatory Advisor, Rohini Gupta, can take you through the solution and answer your questions.
FAQs
Frequently Asked Questions
Yes, you can leverage the different modules of the FinregE regulatory compliance management solution to eliminate redundant processes, make actionable regulatory content more accessible to different teams, and highlight relevant actions to optimise regulatory workflows.
Yes, you can automate several financial compliance procedures to complete repetitive, redundant processes autonomously and continuously track regulatory updates without weighing down compliance teams.
Certain solutions, such as regulatory mapping, provide useful data on the state of internal business operations and how they connect to external industry regulations, which can determine how well you have followed regulations, policies, and procedures to make up an institution’s internal environment.
The FinregE solution features a fully customisable dashboard where users can adjust the UI to relay any information they deem relevant. You can view the overall state of regulatory compliance requirements and areas of focus, highlight critical areas, and even connect tasks to individuals, making compliance easier to manage.