Overview
Managing and maintaining compliance with state, federal and international laws and regulations is a huge challenge. Self Regulatory Organizations (SROs) such as the NYSE, SEC, NASDAQ, and NASD require financial services institutions to comply with a myriad of complex and evolving regulations. Organizations are challenged with finding a cost effective way to manage enterprise-wide compliance, reduce risk, and avoid financial losses, fines, litigation, loss of customers and damage to their reputation.

Financial institutions such as banks, securities dealers, insurance companies and credit card companies are looking for ways to replace inefficient, paper-based and homegrown systems with a centralized, integrated off-the-shelf solution. The goal is to improve efficiencies and mitigate risk through aggregating compliance data and harmonizing processes across the enterprise.

For over a decade, AssurX has been providing compliance solutions and services to regulated industries world-wide. The AssurX Financial Services Compliance Management System is a mature, highly-configurable platform that includes best-practices workflows, built-in reporting, enterprise dashboards and is backed by a full support and maintenance plan as well as consulting and training services.

The solution is available on a subscription basis (OnDemand) or can be delivered and installed OnPremise. You can even start with the OnDemand subscription-based model, reducing costs with the ability to stop at any time and migrate to the OnPremise model.

Best Practices Solutions Include:

AML (Anti-Money Laundering) Program Management

• Internal Audits (Findings, Observations, Investigations, Follow Up)
• Procedures Management, Change Control, Training
• Reviews (OFAC, CIP, Trading Services, Transaction Surveillance, etc.)
  

Quality Assurance Management

• Periodic Assessments
• Corrective Actions
• Commitments, Follow Ups
  

Compliance and Operational Risk Management

• Self-Assessments (Monitoring)
• Verifications & Validations
• Testing, Reviews, Regulatory Examinations
• Loss Event Tracking, Customer Complaints Management
  

Fraud Management

• Incident Management & Trending
• Investigation & Mitigation
• Corrective & Preventive Actions
  

Securities Regulations Controls Management