Ascent is the premiere provider of regulatory knowledge technology, which uses algorithms to analyze regulations and generate an inventory of a financial institution’s regulatory requirements. Resolver seamlessly connects with Ascent to dramatically simplify the regulatory change process. Our integrated compliance solution allows financial institutions to gain visibility over the entire regulatory landscape, ensure comprehensive coverage, and drive risk-based prioritization of compliance activities.
Ascent endeavors to keep the RCM Frameworks’ regulatory requirements current, so that it reflects the regulatory requirements in-effect for our regulated financial institution customers. Once legislation goes into effect, Ascent will have 40 days to update the compliance framework to reflect the regulatory changes. The update will be based on the official version of the change and the effective date published by the relevant regulator. Learn more about Resolver’s Ascent partnership on our company website.