RegEd Regulatory Change Management

Enabling Closed-Loop Regulatory Compliance

Processes for managing compliance and regulatory change often constitute a myriad of subject matter experts that monitor regulatory change on an ad-hoc basis and rely on email to communicate compliance tasks to stakeholders. Manual processes and a lack of accountability result in an inability to adequately monitor regulatory changes and predict the readiness of the organization to meet new requirements. Compliance professionals spend significant time and resources researching the mandates they must follow and struggle to keep up with new requirements and identify how changing regulations impact existing policies. A haphazard, siloed, and document-centric approach to managing regulatory change results in missed requirements, wasted time, and accelerated costs. It is time for organizations to step back and implement a structured process and technology for compliance management. 

RegEd is a solution provider of integrated software and regulatory intelligence content that GRC 20/20 has researched, evaluated, and reviewed with organizations that are using it in complex, distributed, and dynamic business environments. RegEd delivers a Software-as-a-Service (SaaS) solution called Regulatory Change Management (RCM), part of a suite of solutions for managing compliance in the context of regulatory change, policy management and communication, regulatory exam management, customer complaint management, and incident management. The regulatory content within RCM is built for financial services organizations, particularly insurance companies and securities firms, including  broker-dealers and Registered Investment Advisers. The solution provides an integrated approach to managing the compliance lifecycle within organizations, providing a single source of truth on regulations, policies, and issues/incidents.