About:
Ascent RegTech provides a comprehensive regulatory compliance management solution that streamlines and automates the entire regulatory lifecycle for financial institutions. Companies use Ascent to navigate complex regulatory environments, reduce manual efforts, and ensure compliance with ever-changing regulations. The platform leverages AI and machine learning to extract individual obligations from regulatory text, create tailored inventories of regulatory requirements, and automate change management processes. With features like horizon scanning, rule comparison, and policy mapping, Ascent empowers legal, risk, and compliance teams to work more efficiently, reduce costs, and maintain a defensible compliance posture.
Best fit for:
Employee Count: 500-10,000+
Location: Global, with a focus on North America and Europe
Industries: Financial Services, Banking, Consulting, Mortgage, FinTech
Job Titles: Chief Compliance Officer, Head of Regulatory Affairs, VP of Risk Management, Director of Legal Operations, Chief Technology Officer
Key Features:
- Horizon Scanning: Provides a consolidated view of global regulatory changes impacting your business.
- Obligations Inventory: Automatically generates a digital register of your firm's regulatory obligations.
- Rule Compare: Offers side-by-side comparison of new and former versions of rules with redlined changes.
- Scenario Planning: Identifies compliance obligations for potential acquisitions or expansions.
- Audit Trail: Tracks all compliance activities for comprehensive reporting and auditing.
- Policy & Controls Mapping: Connects obligations to internal policies and procedures within GRC tools.
