LogicGate and Ascent
Ascent is an automated regulatory lifecycle management platform for financial services that identifies and updates your regulatory obligations to prevent gaps in regulatory coverage. When used in tandem with Risk Cloud’s® Regulatory Compliance Powered by Ascent solution, you can perform risk and impact assessments across the spectrum of regulatory activities and create corrective action plans to prevent noncompliance and mitigate business risk.
Automate Your Regulatory Mapping Process
Ascent’s automated regulatory mapping helps your organization efficiently build an accurate, tailored digital inventory of your company’s regulatory obligations. You’ll eliminate cumbersome spreadsheets and manual processes while empowering your risk and compliance teams to identify the specific regulatory requirements that impact your company. You can ignore irrelevant regulatory noise and focus only on regulatory updates that impact your business.
Power Your Risk and Compliance Functions with Ascent’s Obligations Inventory
For the first time, you will be able to monitor applicable rule changes that are relevant to your business in real-time. Daily alerts and powerful tools enable you to analyze regulatory changes as they happen, empowering your organization with an up-to-date picture of the regulations that apply to your company today.
Ascent automatically aligns your regulatory obligations with internal policies, procedures, and controls within Risk Cloud, for effective, efficient policy and control management. Efficiently map your regulatory obligations to your unique risk taxonomy, controls, policies, and procedures, then manage your regulatory compliance program alongside every other GRC function in Risk Cloud.