bCOMPLY

The sheer number of regulations banks must comply with can be overwhelming. But the opportunity is this-Increased regulatory emphasis in new areas of bank safety and soundness provides banks the occasion to gather and assess previously unanalyzed information not only to satisfy regulatory requirements, but to capitalize on the information gathered for strategic purposes as well.

bCOMPLY provides a methodology to objectively assess risk associated with the myriad federal regulations and guidelines and to effectively integrate compliance monitoring, testing, and audit efforts…maximizing the effectiveness of the compliance effort. Proactively preparing the right information allows bankers to not only minimize the anxiety of regulatory visits, but to maximize the opportunities that regulatory attention can generate.

bCOMPLY’s key features include

• Online accessibility
• Updated menus of key regulatory guidelines
• Objective, quantifiable criteria for measuring compliance risk.

Many financial organizations believe they have the compliance program under control. bCOMPLY validates whether compliance risk and controls are appropriately monitored and tested.