Banking Industry Compliance with SOX

SOX is one of the primary internal control frameworks that banks use across the globe. It helps banks improve their internal control measures and financial reporting.

Download Template

Why SOX compliance is important for Banks?

  • Banner
    Acts as a guide for effective financial and data controls.
  • Banner
    Promotes sustainable corporate governance.
  • Banner
    Helps prevent data breach issues.

SOX penalties that Banks must avoid

  • Banner
    Monetary fines.
  • Banner
    Loss of reputation.
  • Banner
    Discontinuation of business operations.
Banner

How this compliance template can help with SOX compliance

This SOX, internal control framework has been explicitly designed for Banks to create a sound internal compliance management culture in the organization. The framework lists all the specific compliance requirements and tasks a Bank must comply with to maintain its compliance with SOX requirements.

How VComply can help in SOX compliance

  • Banner
    Set compliance programs across all departments and branches.
  • Banner
    Create the SOX specific compliance framework and manage compliance workflow.
  • Banner
    Automate compliance task assignment and management across the compliance team.
  • Banner
    Central repository for all your SOX compliance documents.
  • Banner
    Automate SOX audits and manage the recurring audit process.
Download

Download the SOX compliance template for your Banks

Drive efficiency and value across your business with VComply’s user-friendly platform.

Ready to get Started?

A single source of truth
for your GRC operations

Ready to set up a trial of VComply and automate your compliance process?
Ready to get Started?

Experience our Award-winning GRC platform!

Drive efficiency and value across your business with VComply’s user-friendly platform.
Product Enquiry
For any product enquiries, get in touch with a product specialist today!
Help Desk
Find your answers in our expansive knowledge base.
Start for Free
Speak to Our Compliance Expert
Get Case Study
Get Case Study
Get Case Study
Get Case Study
Get Case Study
Start a Free Trial