About Ascent and Risk Cloud®

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.

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Automate Your Regulatory Mapping Process

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.

Power Your Risk and Compliance Functions with Ascent’s Obligations Inventory

Why Enable Ascent Within Risk Cloud®?

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Save time and avoid regulatory coverage gaps

Identify and extract relevant obligations from mounds of regulatory text, turn those obligations into accurate regulatory requirements and automatically add them to Risk Cloud. As regulatory change happens, your regulatory obligations are updated automatically to help you monitor downstream impact to policies, procedures, and controls and avoid regulatory coverage gaps.

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Navigate Complexity

Quickly identify rule changes and obligations relevant to your business. without spending hours sifting through regulatory PDFs.

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Gain Targeted Regulatory Intelligence

Pinpoint the regulatory documents that impact your obligations, and how your obligations are impacted.

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Drive Agile Change Management

Side-by-side views of old versus new rules allow users to pinpoint applicable changes quickly, evaluate the potential impact, and pass relevant changes to policy owners.

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Drive Efficiency

Automate manual work to save time, reduce costs, and free risk and compliance teams to focus on critical work, such as impact analysis and policy management.

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Achieve Defensible Compliance

Meticulously tracks every activity from regulations to obligations to policies and procedures — to demonstrate compliance to auditors or the board.

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Fast Implementation Time

Enabling Ascent within Risk Cloud take just hours, so you can start to benefit right away. Contact your LogicGate Account Team to get started.

Integration Capabilities

Expected Time to Implement

The Ascent Risk Cloud Connector requires 10 integration services hours. Please contact your LogicGate Account Team to discuss custom integrations requiring additional capabilities not listed above.

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