Today's bank compliance managers need robust and effective compliance management software solutions to stay on top of changing laws, regulations, standards, and internal policies. Quantivate Compliance Management Software for Banks provides a powerful solution for managing a wide variety of regulatory and compliance processes and ensuring accountability throughout banks of all sizes. The software delivers key features to monitor pertinent regulations and other requirements, organize compliance documentation, run risk assessments, and demonstrate proof of compliance through robust reporting.
Quantivate’s regulatory compliance software can help you:
Executive summaries outlining existing laws and regulations that are already in effect are included as part of the built-in software content.
Executive summaries are continually reviewed and updated by law firm Farleigh Wada Witt, a Quantivate partner.
Single sign-on (SSO) allows you to utilize your bank's data (active directory) to automatically sign into the Quantivate platform without entering your username and password. Quantivate’s SSO solution supports user provisioning, which automatically creates an account on the first login.
Quantivate Compliance Management Software for Banks provides a centralized platform for tracking regulatory and legal changes and requirements, organizing compliance documentation, and managing compliance processes, with features including:
Track compliance with confidence! Through our compliance partners, Quantivate provides Compliance Management customers with optional services to notify them of new requirements, alerts, and advisories. The notifications are integrated with our compliance management module and can cover federal, state, and/or local compliance changes. Our compliance partners, Farleigh Wada Witt and LexisNexis each provide a unique offering to ensure we can address the unique needs of all financial institutions.
Business law firm Farleigh Wada Witt (FWW) helps you understand new or amended regulations from the FTC, IRS, NCUA, OCC, FDIC, FFIEC, Federal Reserve, or CFPB and the steps you need to take to remain compliant. Their compliance alerts are written by experienced compliance attorneys who translate the complex regulatory language and provide an executive summary and action items. One of the challenges of new regulatory requirements is determining whether or not the rules apply to your institution and, specifically, which of your products or services would be impacted. Each FWW compliance alert includes the following content to help you determine if and how the new rules impact your bank's operations.
LexisNexis Legal & Professional® provides federal, state, and local compliance alert services for Quantivate's Compliance Management modules. Their services monitor regulatory changes from 13,000 agencies covering 52,000 measures and 600 document types. Customers interested in these services can pick from a variety of options to create a customized set of compliance alerts that best fits their needs. The alerts are then cataloged at various stages in the bill’s lifecycle within our integrated GRC Suite which aids teams in addressing those changes. Each LexisNexis compliance alert includes the following content to help you determine if and how the new rules impact your bank's operations.
Content of Compliance Alerts: