Challenge + Solution
Solving Exam Prep Takes Too Long with Regulatory Change Monitoring
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 regulatory change monitoring addresses this challenge directly.
The Challenge: Exam Prep Takes Too Long
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: Regulatory Change Monitoring
Canarie's Radar module monitors federal and state regulatory changes, filters them to what affects your products and jurisdictions, and triggers policy reviews when needed. Your team reviews analyzed summaries, not raw regulatory alerts.
Benefits of Regulatory Change Monitoring
Never miss a relevant regulatory change
Focus only on what affects you
Proactive policy updates
Reduced regulatory risk
Results You Can Expect
80%+
Irrelevant alerts filtered
70% faster
Time to assess changes
Zero
Missed changes
Frequently Asked Questions
Other Solutions for Exam Prep Takes Too Long
Other Challenges Regulatory Change Monitoring Solves
Manual Policy Tracking
Spreadsheets and email reminders aren't scaling with your compliance program.
Evidence Collection Nightmare
Proving compliance work happened is harder than doing the work itself.
Regulatory Change Overload
Keeping up with federal and state regulatory changes is overwhelming your team.
Stop Struggling with Exam Prep Takes Too Long
See how regulatory change monitoring can transform your compliance operations.