Our technology products are built specifically to meet the needs of financial institutions and have been field-tested by institutions facing pressing compliance issues. In addition, our tools and methodologies have been subjected to scrutiny by regulators, and incorporate their input.
Increasingly, regulators are demanding an enterprise-wide approach to compliance risk management. Our tools help financial institutions meet that demand with:
Enterprise-wide dashboards enable compliance professionals, senior management, and boards of directors to see, at-a-glance, the state of compliance risk management in their institutions. The web-based user-interface allows users to drill down and see the detail underlying the dashboard.
Flexible reporting enables compliance professionals to generate reports for a variety of audiences from the board of directors, who need to see consolidated reporting of compliance risks across the entire enterprise, to business managers, who may need to see only the compliance risks for the business they manage. Users can customize the reports and save them for future use.
Easy-to-use administrative screens allow senior compliance professionals to define user-roles so that users can see, input, and edit only the data for which they are responsible. The tools maintain an audit trail, with each change automatically signed and time-stamped.
RADAR's uniform approach to identifying and assessing compliance risk was developed using Promontory's considerable experience and expertise in compliance risk management.
Financial institutions have used Promontory's AML country risk ratings since 2005. Our ratings save you time and provide piece of mind for AML compliance.
The Promontory Compliance Obligations Library is an online database of the laws, regulations, and guidance affecting banks, broker-dealers, and other financial institutions.
Compliance risk management has become 'mission critical' for large, complex banking institutions.
In 24 hours, you can be up and running on a trial version of our software hosted on Promontory's secure servers.