Global Risk Community’s Post

🌐 Did You Know? 🌐 Financial institutions face an average of 300+ new technology regulations and thousands of updates each year, making compliance a constant and complex challenge. 📈📑 Compliance officers are spending up to 40% of their time tracking and updating policies manually—an incredibly time-consuming and resource-intensive process! That’s where RuleUp steps in. Our platform revolutionizes regulatory change management by automating the capture, curation, and mapping of new regulations to recommended controls and policies. With RuleUp, financial institutions can cut down on manual workload, reduce risk, and stay confidently compliant in a fast-evolving landscape. 💡✅ Invest in the future of compliance with RuleUp!

From regulatory rewrites to jurisdictional challenges, compliance remains a high-stakes game for financial firms worldwide. But what if the answer to lowering costs and boosting data quality lies in automation? 💡 Regulatory compliance should not be a bottleneck for your organization. Automation can turn this complexity into clarity. Learn more here: https://lnkd.in/ef-7HeuP ✅ Compliance, made simple. #regulatorycompliance #dataautomation #simplifyingcompliance

As compliance demands grow more complex, manual data gathering and audit preparation can quickly become overwhelming, pulling focus from core business activities. Discover how automating the regulatory reporting process can enable you to simplify the submission of accurate, secure reports directly to regulators. Read the full blog to learn more: https://lnkd.in/gXDdxXBz

Maintaining compliance across complex financial operations can be challenging, leading to inefficiencies and increased risk. eClerx Compliance Manager simplifies the regulatory compliance process with intelligent automation, ensuring accurate, real-time tracking and reporting on compliance. This enhances operational efficiency, reduces risk, and enables organizations to be compliant. Get in touch to learn more: https://hubs.la/Q031dfmL0 #RiskManagement #FinancialCompliance #AutomationSolutions #eClerxTechnology

Risk Intelligence Suite by Kaufman Rossin, RegERI, is an all-in-one compliance monitoring tool that helps fintechs and financial institutions test for Regulation E error resolution compliance. This risk intelligence tool leverages automation and AI to help compliance teams stay on top of ongoing tracking and reporting by eliminating manual processes, increasing efficiency and expanding testing capacity. Download our brochure to learn more: https://okt.to/CnDcly

The current state of regulation in the financial services sector is marked by both complexity and an overwhelming volume of change. Read our blog to learn how Automation offers the potential to streamline the compliance process, reduce the risk of errors, and enable compliance teams to focus. READ MORE https://lnkd.in/gQMgbsQ2

Technology is constantly evolving, and it's not just affecting the financial sector. Braided Technologies, and the compliance industry at large, continue to explore and deploy technologies that aim to simplify and speed up compliance initiatives. Braided continues to push forward with its chosen GRC partner, Drata, to bring the most effective tool to bear at cost-effective and scalable prices. #drata #grc #technology #compliance

Part 2: Improving Regulatory Decision-making through a Best-Practice Framework Building on Part 1, this interview explores solutions for effective regulatory decision-making in financial institutions. The Challenge - Fragmented technology architectures create inaccurate and inconsistent pre-trade controls. - Poor data management leads to over/under-reporting and extensive reconciliation. The Solution Embrace a best-practice framework for regulatory decision-making: - Automate compliance and adapt to evolving regulations - Reflect industry consensus on regulatory interpretation - Create traceable artifacts for auditability 💡 Invest in technology and expertise to understand regulatory data. Droit's solutions help institutions achieve best-practice compliance and optimized operations. ➡️ To find out more about how to implement a best-practice framework for regulatory decision-making, read more here: https://bit.ly/444tl1P #regulatorycompliance #DecisionMaking #transactionreporting #pretrade

Want to know how you can leverage technology to streamline compliance? Download this intelliflo whitepaper and empower your firm with tools that simplify rebalancing and trading while reducing regulatory burdens. ⤵️ #Compliance #WealthManagement #RIAs

To add to the #EMIRRefit challenge, while there are 89 new #data fields, 15 existing fields are no longer required and there are a raft of updates to the name, definition and format with respect to how to report all fields - is your data really fit for purpose? We discuss further: https://lnkd.in/enEkjGNK #derivatives #derivativestrading #regulation #regulatoryreporting