Challenge + Solution

Solving Exam Prep Takes Too Long with Compliance Task Management

Financial institutions spend an average of 3-5 weeks scrambling to prepare for regulatory examinations. This isn't due to lack of compliance. It's because evidence is scattered across emails, spreadsheets, shared drives, and multiple systems. When examiners request documentation, teams waste valuable time hunting for proof that work was actually completed. Here's how compliance task management addresses this challenge directly.

The Challenge: Exam Prep Takes Too Long

Evidence scattered across multiple systems
No single source of truth for completed work
Last-minute scramble to compile documentation
Key personnel pulled from daily operations
Risk of missing critical evidence

The Real Costs

  • 3-5 weeks of team time per exam
  • Diverted attention from core compliance work
  • Increased risk of findings due to incomplete evidence
  • Consultant fees for exam preparation support

From Challenge to Solution

Leading institutions are moving to continuous evidence capture, where proof of work is collected automatically as tasks are completed, not reconstructed weeks later.

The Solution: Compliance Task Management

Policies create obligations. Canarie's Console converts those obligations into scheduled tasks with clear ownership, deadlines, escalations, and evidence capture. Nothing falls through the cracks because every task is tracked from creation to completion.

Policy-to-task conversion
Recurring task automation
Owner assignment and escalation
Deadline tracking and reminders
Completion evidence capture

Benefits of Compliance Task Management

No more spreadsheet tracking

Clear accountability for every task

Automatic reminders and escalations

Complete audit trail

Results You Can Expect

99%+

Task completion rate

95%+

On-time completion

100%

Manual tracking eliminated

Frequently Asked Questions

Stop Struggling with Exam Prep Takes Too Long

See how compliance task management can transform your compliance operations.