Products

The Lombard Risk integrated product suite enables financial institutions to meet risk and regulatory requirements now and as they continue to evolve for collateral management, liquidity and capital stress testing and analysis, regulatory complianceincluding Dodd-Frank Act – and management/business information and reporting


ComplianceASSESSOR

Lombard Risk’s ComplianceASSESSOR – addressing regulatory risk

REGULATORY RISK: the risk to earnings, capital and reputation associated with a failure to comply with regulatory requirements and expectations

ComplianceASSESSOR is a powerful web-based compliance and audit application accommodating an unlimited library of multi-jurisdictional prudential and non-prudential regulations mapped to internal policies & procedures.  Assessments, action plans, reviews and independent approval together with dashboards, alerts and reports ensure that appropriate action is taken in a timely manner to determine, achieve and maintain compliance.

Following the financial crisis and exacerbated by head-lined breaches of compliance, regulated firms are now subject to a plethora of regulations as governments seek to regulate as a means of protecting individual economies. As a result, firms now face the biggest challenge yet ….

Download a ComplianceASSESSOR brochure HERE >>>

Read the press release announcing ComplianceASSESSOR HERE >>>

Download the latest business insight “Why a new compliance model is necessary to meet the ‘new world’ challenges” HERE >>>

Download a copy of the whitepaper “Self-certification, the answer to a compliance officer’s prayers?” – REGISTER HERE >>>


ComplianceASSESSOR is a powerful web-based compliance and audit application accommodating an unlimited library of multi-jurisdictional prudential and non-prudential regulations mapped to internal policies & procedures.  Assessments, action plans, reviews and independent approval together with dashboards, alerts and reports ensure that appropriate action is taken in a timely manner to determine, achieve and maintain compliance.

  • Hosted cloud application or on-site installation tailored to accommodate specific requirements
  • Ability to load multi-jurisdictional regulations to address cross border requirements
  • Centralised library provides ‘one stop shopping’ when seeking applicable regulations
  • Ability to undertake both thematic and granular assessments to determine the state of compliance against individual regulations or themes e.g. Conduct
  • Amended regulations identified for review to determine the materiality of the changes whilst amended evidential documentation is identified for review to avoid inadvertent breaches in compliance
  • Policies & procedures mapped to individual regulations to evidence compliance … and instantly retrievable together with assessment data in response to regulatory demands and enquiries
  • Identified compliance deficiencies addressed through action plans supported by appropriate documentation
  • Independent review and approval of assessments enforces the ‘four-eyes’ approach to compliance and accommodates the “three lines of defence”
  • Executive sign off required for high risk regulations in terms of repercussion of non-compliance
  • Comprehensive business dashboard provides an overview at various levels within the company as to the state of compliance whilst a governance dashboard provides an overview with respect to committees and other governing entities, both dashboards identifying deficiencies in compliance and areas of concern
  • Email alerts and reminders ensure the timely processing of assessments, action plans and approvals
  • Compliance reports and tailor-made audit reports against individual assessments produced effortlessly
  • All actions fully audited and archived to further evidence and support compliance
  • View and assess proposed regulations in Consultation and Discussion Papers to determine state of compliance and identify deficiencies
  • Auditors and Compliance officers can view all regulations, assessments, reviews, approvals and evidential documentation … even on an iPad!

ComplianceASSESSOR provides a centralised, secure and dynamic means of assessing, evidencing and recording compliance against an unlimited library of regulations

Contact us for more information on ComplianceASSESSOR regulatory compliance >>


  • News & Press Releases
  • Data Sheets