FinregE’s Regulatory Project Management Solution
FinregE’s Project Management Solution is designed to streamline the implementation of regulatory change projects and ensure continuous compliance monitoring with existing laws, rules and regulations.
Our Project Management solution provides a comprehensive framework for managing tasks, actions and implementation on:
- Regulatory change projects
- Policy reviews and regulatory compliance self-assessments and attestations
- Regulatory remediation and regulatory liaison tasks with regulators
- Scheduled regulatory reporting, and other common regulatory driven recurring actionable tasks
- Controls testing and ongoing compliance monitoring
Our versatile project management solution extends beyond basic regulatory compliance and can be leveraged for new product development and approval, vendor risk management, audit management, training and competency management and much more.
Our advanced project management solution empowers businesses to navigate complex regulatory landscapes with ease.
- Break down regulations into actionable components
- Assign responsibilities and track tasks efficiently
- Automated notifications and follow-ups to ensure timely compliance
- Seamless integration with FinregE’s regulatory libraries.
Key Features and Use Cases
Regulatory Change Project Implementation
Set up and manage projects like DORA/MIFIDII etc. implementation with ease. Distil regulations, assign tasks, and track progress all in one place.
Use Cases:
- Implementation: Break down a regulation into specific requirements, assign tasks to different teams and owners, and track progress through each phase of implementation.
- Compliance: Manage complex regulatory requirements by creating a structured project plan, assigning responsibilities across departments, and monitoring progress against regulatory deadlines.
- Ongoing Compliance: Set up recurring tasks related regulatory change implementation requirements, maintain records of activities, and manage the regular review and update of as tasks are performed and processes evolve.
Compliance Monitoring Integration
Connect seamlessly with FinregE’s regulatory libraries to manage ongoing compliance, including gap analysis and policy reviews.
Use Cases:
- Policy Review: Schedule and manage annual reviews of policies, linking directly to the latest regulatory requirements in FinregE’s libraries to ensure all updates are captured.
- Regulatory Reporting Gap Analysis: Conduct a comprehensive gap analysis of your regulatory reporting processes against current requirements, automatically creating tasks for any identified gaps and assigning them to relevant team members.
- Ongoing Compliance Monitoring: Set up a rolling schedule of compliance checks against key regulations, with automated notifications for upcoming deadlines and integration with the latest regulatory updates from FinregE’s libraries.
Regulatory Reporting Scheduler
Never miss a deadline with our intelligent scheduling assistant for regulatory reporting and recurring compliance tasks.
Use Cases:
- Regulatory Reporting: Set up automated schedules for gathering data, internal reviews, and submission deadlines to ensure timely and accurate reporting to regulators.
- Regulatory Examinations: Create a comprehensive schedule for preparing and managing regulatory examinations, including data gathering, mock audits, and follow-up actions.
Risk and Control Assessment
Schedule and manage controls testing as part of your risk assessment and compliance monitoring plans.
Use Cases:
- Annual RCSA Process: Manage the entire Risk and Control Self-Assessment (RCSA) cycle, from scheduling assessments across different business units to tracking the implementation of identified control improvements.
- Continuous Control Monitoring: Set up a rolling schedule of control tests across various risk categories, with automated alerts for failed controls and workflow management for remediation activities.
- Regulatory Control Framework: Map your internal controls to specific regulatory requirements, schedule regular assessments of control effectiveness, and manage the update process when regulations change.
Regulatory Change Management
- Create a structured process for monitoring, assessing, and implementing regulatory changes across multiple jurisdictions.
- Assign impact assessment tasks to relevant business units when new regulations are introduced, or existing ones are modified.
- Track the progress of regulatory change projects from initial assessment to full implementation and post-implementation review.
Regulatory Reporting Quality Assurance
- Implement a multi-step review process for regulatory reports, including data validation, peer review, and senior management sign-off.
- Schedule and track completion of data quality checks and reconciliations prior to report submission.
- Manage the resolution of any identified reporting errors or discrepancies, including root cause analysis and process improvements.
Enhanced Benefits
- Real-time dashboards for instant visibility into compliance status
- AI-powered task prioritization to focus on critical areas
- Customizable workflows to match your organization's processes
- Comprehensive audit trails for regulatory examinations
- Integration with existing GRC and ERM systems
- Multi-jurisdiction support for global compliance management
Why Choose FinregE?
Our project management solution goes beyond basic task tracking. It’s a comprehensive platform designed to transform your regulatory compliance processes:
- Reduce compliance-related risks and costs
- Improve cross-functional collaboration
- Enhance regulatory reporting accuracy and timeliness
- Stay ahead of regulatory changes with proactive alerts
- Streamline resource allocation for compliance activities
FinregE Weekly Regulatory News Alerts
Stay up-to-date with the latest regulatory changes. Sign up to FinregE’s weekly regulatory alerts news.
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your Financial Regulatory Compliance
We recognise that managing and maintaining financial regulatory compliance is one of the most time and resource consuming activity. We would welcome sharing with you how we are helping our clients harness the power of technology to solve their compliance problems.
