Collaborative Compliance

Take Control of

Compliance Governance

If you run a financial institution, you have to manage compliance risk, something that has a direct impact on your earnings. The risk results from failing to meet the laws set out by regulatory bodies, as well as during the re-execution of the compliance process life cycle when policies are revised, which they periodically are.
Some of the subsequent challenges include:

Manual Processes

Inability to reuse

Disconnected
Function

Lack of visibility

Reactive Resolution

Unplanned Execution

This is when Collaborative Compliance comes into the picture. When faced with compliance risk, you require a one-window solution that brings disconnected functions on the same page for review, verification, and reporting among other things. Detailed insight into the exact stages of the compliance process and the foresightedness to predict upcoming issues and indulge in their proactive resolution become an inevitable need. And that is a need Collaborative Compliance fulfills.

A robust and dynamic IT-enabled framework designed masterfully by the experts at Skill Orbit, it greatly simplifies the process of implementing compliance policies on a regular basis. It empowers you to seamlessly map observations with internal processes and systems through a streamlined workflow while making use of analytical reports to take proactive, well-informed decisions.

Features of Collaborative Compliance

User Management

Analytical Dashboards

Case Management

Policy Dictionary

Workflows

Control Testing

Activity Monitor

Reporting

Escalations

Policy Parser

Collaboration

Mobile

Why Choose Collaborative Compliance by Skill Orbit

Visibility

Collaborative Engagement

Simplified Process

Compliance Lifecycle Management

Proactive Decision Making

Reusability

Ensure Compliance Management Like Never Before

Simply put, the innovative software transforms cumbersome manual processes into a streamlined collaborative engagement across all business segments involved in the compliance policy implementation lifecycle – just what you need!

Success Stories