A compliance management system vendor should help you:
- Know the regulations that apply to your financial institution
- Adapt to the applicable regulatory changes
- Delegate the responsibilities for meeting regulatory requirements throughout the FI
- Integrate the regulatory requirements into the routine process of the FI
- Improve an issues that were uncovered and need to be corrected in a timely and transparent way
Click here and learn more about what to look for in a complete Compliance Management System.