Keeping on top of regulatory change can be a costly and time-consuming exercise. Coping with the sheer volume of new regulatory requirements imposes a high degree of complexity upon financial institutions. Organizations are challenged to interpret all these regulations and to operationalize and sustain compliance practices.
BWise Regulatory Change Management provides banks and other financial institutions with augmented regulatory content and intuitive workflow management in one solution to alleviate the burden of compliance, enable board and regulator assurance, and ensure you never miss a regulatory update.
Benefits:
- Alleviate the burden of compliance: Workflow management with structured regulatory content including interpretation in plain language, enabling you to reduce time and costs associated with monitoring regulatory requirements.
- Enable board and regulator assurance: Instill confidence in the compliance program by providing the board, executives and regulators assurance that regulatory changes are being proactively addressed.
- Never miss a regulatory update: Full coverage of applicable regulatory bodies, globally.
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