Solutions for Banking

Banking Industry Challenges

While banks have always faced regulatory-driven change, the sheer volume of significant new regulation being introduced has become unmanageable for many banks. Looking ahead, conditions are set to remain challenging over a long period. With so much to do and so little time to do it in, banks employing the traditional, mostly manual approach to managing regulatory change will significantly raise their delivery risk and leave potential synergies unexploited, leading to increased costs. This approach is not sustainable if companies want to survive in the “new normal.”

Greenlight Solutions

Greenlight solutions automate the linkage between regulations, policies and standards with underlying controls, highlighting areas of exposure and enabling your business to navigate change with confidence.

Greenlight solutions can help you:

  • Centralize the disparate landscape of regulatory requirements, acting as a single authoritative source for alerts and requirements intake
  • Eliminate silos and enable standardization across regulatory mandates
  • Integrate regulatory requirements with internal control activities and operations
  • Strengthen your controls posture with automation and exception-based monitoring across IT systems and business applications
  • Accelerate response to audits and ad-hoc requests from auditors