Regulations

Becoming an Organization That Embraces Regulatory Change

Regulatory change has been a constant for banks and financial institutions across the country. The regulatory framework businesses must abide by is constantly being updated and changed considering changing environments, advancements in technology, and other similar factors. If a business truly wants to thrive in the face of regulatory change, they need flexibility and […]

Compliance, Regulations, and Born Digital Competitors of Banks

Most people do not realize how important banks are to our economic system. For most of us banks are simply businesses that allow us to store our wealth and get loans and mortgages when needed. Banks play the crucial role of investing capital – which is crucial in a capitalist system. Banks allow people […]

The Basics of Regulatory Compliance

Regulatory compliance is one of the central components of our GRC solution – the compliance module has even been endorsed by the American Bankers Association – thus it is a topic we are very interested in. It is fascinating how important regulations are and how much of an effect they have on the way […]

The Basics of Regulatory Policy and How it Works

Governments influence and control the markets using different tools. There’s the monetary policy, in which the governments affect market movements by changing the influx and availability of currency. There are fiscal policies, which define what type of business activity will be encouraged and supported. Then there is the regulatory policy – where the government […]

Regulatory Change Management and the 2020 Elections

Presidential elections are always a cause for concern for the banking […]

The Problems with Regulatory Reporting – and How Technology can Fix Them

Regulatory reporting is supposed to be the tool that helps governments ensure that the financial sector performs smoothly and does not cause any cascading problems. Even though there are extensive regulatory reporting requirements they often fail to achieve this objective, as evidenced by the recent financial crisis the world went through. What can we […]