Proactive risk management capabilities
Manage the complex and dynamic compliance landscape via automation
As the guardians of the firm’s financial health, operations, and reputation, Risk Management teams have a massive responsibility for ensuring the firm remains compliant with regulations, minimizes losses, and maintains a stable operating environment. Quickly identifying global regulatory developments,evaluating their impacts to the business, and mitigating regulatory risk across the enterprise is critically important.
AscentAI offers next-generation solutions to help you take control of your regulatory lifecycle with speed, confidence, and accuracy.
Enter a new world of efficient, AI-powered regulatory monitoring and management tools.
Monitor
Solutions that remove the risk of hidden regulatory obligation gaps and human error by leveraging cutting-edge AI to monitor, interpret, and act on regulatory developments without extensive manual research.
Automate
Automation to streamline regulatory workflows and allow rapid scaling for evolving or new regulatory requirements without spreadsheets.
Report
Centralized reporting tools for tracking risk and compliance activities across departments and ensuring quick, clear communication with business leaders and support teams.
RLM Platform
Ascent RLM is composed of two modules
AscentHorizon
Reducing risk with AscentHorizon
- Gain a streamlined, consolidated view of regulatory content, ending manual processes for monitoring, capturing, and organizing regulatory information
- Filter information to user’s specific needs, eliminating irrelevant information
- Automatic document linking capabilities provide contextual perspective impossible with manual processes
- Eliminate silos and inconsistencies through a single, enterprise-wide source of regulatory truth
- Establish repeatable business compliance processes that increase productivity and reduce risk
AscentFocus
Reducing risk with AscentFocus
Establish a robust Obligations Inventory that clearly defines all of the rules your business needs to comply with, actively monitor, and effectively manage
- Identify obligation gaps that represent hidden risks
- Automate change management processes with AI that accurately identifies regulatory changes that impact your Obligations Inventory, with side-by-side comparison text of old and new rules and change summaries for rapid understanding and actionable next steps
- Seamlessly integrate with leading GRC platforms to ensure the obligations, policies, and controls that fuel your GRC are continually up to date and regulatory risks created by new or amended regulatory requirements are identified
AscentAI delivers real business impact
Risk Management and Control
- Never miss a regulatory update, with near-real time monitoring of global news, enforcement actions, guidance, and amendments
- Complete Obligations Inventory delivering a global enterprise register of all obligations with no gaps or duplicates so you can be confident in your compliance posture and risk tolerances.
- Accurate change management automation powered by AI to eliminate missing obligations and related risks caused by human error
- Seamless GRC integration for end-to-end monitoring, management and updates across obligations, policies, and controls
Cost Reduction
Automation reduces the need for incremental FTEs and outside services to monitor, capture, and act on regulatory changes and developments
Productivity
- Accelerate operational speed by automating today’s arduous manual regulatory lifecycle management processes.
- Establish reliable and repeatable processes, eliminate silos, and effectively collaborate at enterprise scale
- Refocus teams on higher value activities like operationalizing changes instead of manually searching and analyzing developments for applicability and impact
Take control of your regulatory lifecycle with AI-powered automation that keeps you informed of regulatory developments in real-time and revolutionizes your change management processes
