The RegComTech® Regulatory Automation and Integration Approach
The RegComTech® business application agenda is to customise the technology developments. RegComTech® addresses the duplication, integration, automation and streamlining issues, desired to address the mainstream next generation regulatory compliance components of Governance, Risk Intelligence, Compliance and IT-Security.
The RegComTech® platform is easy to implement, with a goal to improve and create value from regulatory compliance and reporting results. The RegComTech® roadmap and framework consists of a series of interconnected GRC components, designed to enhance the effectiveness of regulatory compliance;
- Develop and use disruption and enforcement approaches (e.g., data analytics and targeting) to achieve more widespread knowledge of each GRC compliance activity.
- Use and promote RegComTech GRC technology so that regulated entities, oversight and stakeholders can more easily see toxic GRC issues, and the non-compliance business environmental conditions thru a unique monitoring and controls methodology.
- The focus on all internal and external disclosures helps to make the GRC reporting accurate, complete, and efficient while helping all stakeholders, to get updated information to improve effectiveness, accountability and transparency.
- Develop the accountability and transparency by making information more accessible to all stakeholders. The focus on accountability and transparency issues will identify the GRC process and skills gaps for non-compliance opportunities.
The RegComTech® compliance program starts with the board of directors to provide the right tone-at-the-top to senior management and GRC officers to adjust, educate, train and ensure that the right and flexible 0new skills are available quickly and efficiently throughout the organisation.
For more details see www.regcomtech.com
