Predict360 Compliance Management Software Solutions

Every business knows the importance of compliance but achieving desired compliance levels remains a challenge. The cost attached with compliance is so high that reaching optimum compliance levels through increasing investment and personnel is unsustainable. The Predict360 Compliance Management Suite delivers an increase in compliance levels with a decrease in cost and has been endorsed by the American Bankers Association.

The compliance management platform helps businesses at every step of the compliance management process. It streamlines compliance monitoring, activity management, tracking, regulatory change management, document management, and much more.

Legacy compliance practices are time-consuming and inefficient. The effort required to gather compliance data, detect vulnerabilities, and mitigate issues is compounded by decentralized data, manual data entry, and ad-hoc analysis. The slowdowns in compliance caused by manual processes result in challenges such as:

• Close coordination and integration with many related functions is difficult for businesses. Linked activities such as regulatory and standards compliance, incident management, workplace investigations, internal audit, quality management, and others need to be synced.
• The information required by the compliance team is often located across disparate systems. In addition, departmental silos further exacerbate the challenge of coordinating and acting on the known and emerging compliance issues.
• New players in the financial industry, such as Fintech solution providers, require a seamless compliance management framework that can easily integrate new processes and react to upcoming regulatory changes.