Consider using an automated system with a comprehensive integrated platform to manage regulatory change. Realizing that there are those in every company that are responsible for compliance but with regulations changing on an almost daily basis, the compliance department could use a little help from a top-notch software package. Training those personnel on how to use the software is a much cheaper proposition than ultimately having to pay costly fines.
Take a holistic, proactive approach to regulatory compliance using regulation management software from SAP and Pathlock. Centralize and standardize GRC change management to confidently assess and respond to evolving regulations, ensure organizational compliance, and better compete in the highly regulated financial industry. SAP
Today, in the financial services industry, you are constantly being challenged by a never-ending process of regulatory changes. How you handle these constant changes has a great impact on how you conduct your business. When there are regulatory changes, it is not enough to simply update your company policies. You must be able to initiate a plan of action to minimize the impact the changes have on your business’s operation. Consider speaking with Pathlock about solving these challenges and enhancing your regulatory change management process.
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