Regulatory Compliance Powered By Ascent

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Why Risk Cloud?

Risk Cloud® is a no-code risk and compliance platform that scales and adapts to changing business needs and regulatory requirements. It integrates seamlessly with the Ascent Regulatory Lifecycle Management (RLM) Platform to automate manual processes, prevent gaps in regulatory coverage, and mitigate business risk.

Streamline Your Regulatory Compliance Program

Risk Cloud’s Regulatory Compliance Powered by Ascent combines the automation and flexibility from Risk Cloud with targeted regulatory content and automated regulatory mapping from Ascent. The combined solution allows risk and compliance teams to quickly identify regulatory obligations relevant to your business and efficiently perform risk and impact assessments – to streamline regulatory compliance workflows and stay current with ever-changing regulatory requirements.

Automated Regulatory Mapping Creates a Centralized Obligations Inventory

Efficiently establish a centralized obligations inventory that empowers your risk, compliance, and legal teams with an up-to-date picture of the regulations that apply to your company today.

  • Gain real-time insights into your active regulatory obligations.
  • Monitor relevant rule changes with daily alerts.
  • Your obligations inventory updates automatically with applicable regulatory changes.
  • Powerful AI-driven tools help you analyze regulatory changes in near-real time.
Automated Regulatory Mapping Creates a Centralized Obligations Inventory
Change Management Automation Helps You Move Faster

Change Management Automation Helps You Move Faster

For every relevant rule change, get a side-by-side comparison of the new and former versions of the rule, along with supporting documentation. Regulatory changes are redlined to help stakeholders understand and manage the impact to your organization. This enables your staff to quickly evaluate the potential impact of a rule change and pass along relevant changes for further review or action.

Keep Obligations Up to Date and Efficiently Remediate Compliance Gaps

Incorporate regulatory obligations from Ascent into Risk Cloud and automatically update requirements to:

  • Stay up to date with regulatory changes with automatic alerts inside Risk Cloud.
  • Assess and track compliance with relevant obligations and identify gaps.
  • Complete risk assessments for relevant obligations in one platform.
  • Remediate compliance gaps by creating, assigning, and tracking corrective action plans through completion.
  • Assign obligations to key stakeholders and keep them informed of regulatory changes with automatic updates from Risk Cloud and Ascent.
Keep Obligations Up to Date and Efficiently Remediate Compliance Gaps
Strategize and Expand with a Connected View of Risks and Compliance Requirements

Strategize and Expand with a Connected View of Risks and Compliance Requirements

Complete risk assessments for relevant regulations directly inside Risk Cloud. With regulatory guidance and automated regulatory mapping 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.

What You Can Expect from Risk Cloud Powered by Ascent

Incorporate regulatory obligations from Ascent into Risk Cloud and automatically update requirements to:

  • Efficiently and accurately identify and manage your company’s regulatory obligations.
  • Provide a single source of regulatory truth for risk, compliance and legal teams.
  • Enable efficient change management by automatically delivering regulatory obligations and associated tasks to the right individuals.
  • Ensure audit readiness with documented proof of compliance.
  • Streamline risk identification and prioritize areas that require immediate attention.
  • Ensure more effective policy and control management by linking your obligations inventory with your policies and controls./li>
What You Can Expect from Risk Cloud Powered by Ascent

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