Compliance Management App Summary


Assess Risk

  • Notify Requirement Owners to perform an assessment with due dates
  • Perform inherent risk assessment
  • Document controls, including access to your organization’s controls library
  • Share assessments of controls across business units and second-line functions
  • Link controls to a central library of policies
  • Assess residual risk
  • View risk trends over time from daily to quarterly to annual monitoring

Review, Remediation, & Monitoring

  • Document any issues associated with the requirement
  • Assign action plans
  • Monitor / escalate overdue issues

Content Updates (Resolver Only)

  • Receive in-app alerts regarding regulatory changes, new legislation, and bill drafts as they occur 
  • Updated requirements summarized in a report
  • Notifications to inform the compliance team about specific regulatory changes

Applicability Assessment

  • Scope in relevant requirements for each framework
  • Assign requirement owners to a requirement

Compliance Testing

  • Select requirements for testing
  • Document testing, including design and operating effectiveness
  • Testing Plan report

Key Reporting

  • Out-of-the-box Company and Business level reports:
    • Compliance Management Status Dashboard
    • Compliance Executive Summary
    • Issue Summary
    • Regulator Overview 
    • Inherent vs Residual Risk
    • Status Reports
    • Requirement and Control Matrix
    • First Line user Dashboards

Managing Library of Content

  • Access to the library of relevant content
  • Upload own content to maintain in library
  • Receive updates on selected Resolver content
  • Push updated regulatory content and control information to all assessments