Regulatory change management

Having sight of regulatory data and knowing when regulations change is one thing. Drilling down into regulatory intelligence to understand what is relevant to your business, and extracting your regulatory obligations, is very different.

With CUBE DRP you can:

• See only the regulatory data that is relevant to your business taxonomy.
• Automatically map your own business taxonomies to best practice regulatory data models, built by CUBE’s regulatory experts, to gain insight in an instant when existing or new obligations put your compliance status at risk.
• Filter, slice and dice regulatory data, quickly and easily, by regulatory topic, jurisdiction, line of business, and more. CUBE DRP has the unique ability to deliver a complete view of global regulations, and their cross-border interrelationships, offering unique oversight.
• Pinpoint all regulatory statements that apply to each policy and control, down to sentence level.

When regulatory change is managed manually, delays in assessing the impact of new and updated regulatory statements can expose your business to risk.

It can take days or even weeks – especially for multi-jurisdictional enterprises – to complete regulatory gap analysis and identify all of the policies and controls that must be remediated to restore compliance.

Because CUBE DRP automates repetitive manual processes, you gain more time to interpret the impact of regulatory change and make the right, risk-based decisions, rather than sifting through huge volumes of data, conducting manual searches and populating spreadsheets.

CUBE DRP delivers:

• Automated notifications which alert business owners to compliance risk, as soon as it occurs.
• Continuous, AI-driven regulatory gap analysis that automatically pinpoints the impact of regulatory change on your policies and controls.
• Automated impact assessments to identify policies and controls that fall short of current regulatory obligations and require remediation.
• Compliance risk reporting and analytics though graphical dashboards and heat maps that are continuously updated to offer at-a-glance, 360-degree insight into your compliance status, enterprise-wide.
• Defensible audit trails that fully-evidence how you interpreted each regulation, how and when you applied it to your policies and controls, and your decision rationale.
• Automated enforcement fine tracking that highlights whether any of your policies or controls are placing your business at a similar risk, and may require remediation.
• 24/7 Regulatory Knowledge Base and “Ask the Expert” service.