Financial institutions operate within overlapping webs of laws and regulations. Regulatory research is the process by which enterprises find, analyze and build an inventory of rules. A single repository of multiple authoritative sources is maintained, which helps in avoiding complexity.
Time Consuming , difficult to maintain and low confidence.
Financial Institutions today rely on highly skilled compliance professionals who spend a lot of time identifying the applicable laws and regulations to their business. It's a complex process to respond to regulatory changes and assess the impact of current and upcoming laws and regulations. Moreover, this is all a manual process that lacks consistency and lowers confidence.
ARIA powered regulatory research, speeds up rule-book creation while raising accuracy. It allows financial institutions to automate the task of identifying all material laws and regulations from multiple sources of information in a single space and evaluate the applicability of these laws and regulations to their business. It enables compliance officers to make business decisions quickly, easily, and consistently, boosting confidence.
Driving end-to-end visibility and intelligence into the change process from alert notifications to impact of change to actions.
Gaining a holistic view of obligations in an increasingly complex regulatory environment mitigates risks.