Regulatory Compliance
Stay up to date and compliant with relevant policies, laws, or regulations so that you can protect your…
Risk Cloud® is a no-code risk and compliance platform that scales and adapts to your changing business needs and regulatory requirements. It seamlessly integrates with regulatory content providers like Ascent to prevent gaps in regulatory coverage and mitigate business risk.
Risk Cloud’s Regulatory Compliance Powered by Ascent Application combines the automation and flexibility from Risk Cloud with regulatory content guidance from Ascent. This combined solution allows you to quickly perform risk and impact assessments for relevant obligations and streamline your organization’s regulatory compliance workflows.
Pull in relevant regulatory obligations from Ascent and automatically update requirements to:
Automatically identify and add relevant regulatory obligations from over 125 regulators into Risk Cloud from Ascent. As regulatory change happens, obligations are regularly updated to help you continuously monitor downstream impact to controls, policies, and procedures.
Assign obligations to key stakeholders and keep them informed of regulatory changes with automatic updates from Risk Cloud and Ascent. Regulatory changes are redlined within every rule to help stakeholders understand and manage impact to your organization.
Complete risk assessments for relevant regulations directly inside Risk Cloud. With regulatory guidance from Ascent, your team can support strategic planning initiatives with a risk-informed view of your organization’s regulatory environment and its related implications on growth and expansion.
Remediate compliance gaps by creating, assigning, and tracking corrective action plans, then analyze and share pre-built or custom reports on your organization's regulatory compliance status with stakeholders. Leverage easy-to-use reports and dashboards detailing assessments by status, owner, residual risk rating, corrective action plan assignee, and more.
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