Ascent RLM™: Streamlining Global Regulatory Compliance

Ascent RLM™ is a groundbreaking, integrated platform designed to simplify and automate the complexities of global regulatory lifecycle management, specifically for financial services. It offers a comprehensive solution, integrating horizon scanning with a granular regulatory obligations inventory, all tailored to your unique business needs.

Key Features of Ascent RLM™

• AscentHorizon™: This next-generation horizon scanning tool provides a consolidated view of global regulatory changes impacting your business. It eliminates the need to sift through countless raw data reports, saving valuable time and resources.
• AscentFocus™: This module automates regulatory mapping, creating a precise inventory of your regulatory obligations. Daily updates ensure your inventory remains current and accurate, enabling proactive change management.
• Obligation Extraction and Analysis: Ascent RLM efficiently extracts individual obligations from regulatory texts, transforming them into actionable, current-state requirements.
• Automated Change Management: React swiftly to new and updated obligations. Side-by-side comparisons of old and new rules facilitate quick identification of changes, impact assessment, and communication to relevant stakeholders.
• Digitized Linkage to Policies and Controls: Automate your internal response to regulatory changes by connecting obligations to your compliance environment or GRC tool. Maintain a complete audit trail for enhanced transparency.
• Global Regulatory Coverage: Ascent RLM provides comprehensive coverage across various industries and regions, ensuring compliance with international standards.

Benefits of Using Ascent RLM™

• Reduced Risk: Proactive monitoring and automated change management minimize the risk of non-compliance.
• Increased Efficiency: Streamlined processes and automated tasks free up valuable time for your compliance and risk teams.
• Cost Savings: Reduce the costs associated with manual regulatory compliance efforts.
• Actionable Insights: Gain clear, concise insights into regulatory changes and their potential impact on your business.
• Improved Compliance: Maintain a high level of regulatory compliance with accurate and up-to-date information.

Ascent RLM™ for Specific Industries

Ascent RLM™ caters to the unique regulatory needs of various industries:

• Banking: Helps mitigate risk and reduce costs associated with complex banking regulations.
• Consulting & Advisory Firms: Enhances the efficiency of work product creation, improving the value of consultation services.
• Mortgage: Provides a centralized repository for all state and federal mortgage requirements.
• GRCs & Compliance Technology: Assists in managing regulatory requirements for clients, ensuring comprehensive compliance.

Conclusion

Ascent RLM™ is a powerful tool for organizations seeking to optimize their regulatory compliance processes. Its integrated approach, automated features, and comprehensive coverage make it an invaluable asset in today's complex regulatory landscape.