Ascent RegTech & VComply Partner to Create Compliance Solutions

Chicago IL (May 25, 2022)— Ascent, an AI-based solution that automatically generates and updates targeted regulatory compliance obligations for firms across the financial services industry, today announces a partnership with VComply, a leading cloud-based Governance, Risk Management & Compliance (GRC) platform that helps streamline organizations’ compliance and risk management programs.
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Effective Compliance Through Compliance-Based Risk Assessments

Whether compliance is demanded through regulatory requirements or voluntary ethics and values, effective and efficient compliance is necessary for any organization. As the modern business world becomes increasingly complex and dynamic, the level of regulatory compliance grows with it. Increasing demand for robust cyber security and data privacy and rising environmental standards are only a few examples of the greater compliance standards imposed on organizations. Failure to abide by these standards can be detrimental to the organization’s financial standing or reputation.
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Addressing the Importance of Policies in Compliance

Addressing the Importance of Policies in Compliance

Effective policies are an essential aspect of any organization as they dictate day-to-day processes whether that be legal and regulatory or internal processes determining success. The necessity for effective policies has only increased as the business world becomes more dynamic and complex. Organizations must ensure that their policy management is robust and dynamic to meet the needs of modern-day business.
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