Challenge + Solution
Solving Regulatory Change Overload with Attestation Tracking
Financial services is one of the most heavily regulated industries, with hundreds of regulatory changes each year at the federal and state level. Compliance teams receive alerts from multiple sources, but lack the time and tools to analyze which changes actually affect their institution and trigger policy updates. Here's how attestation tracking addresses this challenge directly.
The Challenge: Regulatory Change Overload
The Real Costs
- •Risk of operating under outdated policies
- •Time spent reviewing irrelevant changes
- •Potential regulatory violations
- •Consultant fees for regulatory analysis
From Challenge to Solution
Leading institutions use intelligent filtering to identify which regulatory changes affect their specific products and jurisdictions, with automated triggering of policy reviews.
The Solution: Attestation Tracking
Compliance requires attestations: acknowledgments that policies were reviewed, training was completed, controls were tested. Canarie captures these attestations digitally with timestamps and signatures, creating an immutable record that satisfies examiner requirements.
Benefits of Attestation Tracking
Eliminate email-based attestations
Immutable attestation records
Easy retrieval for audits
Clear accountability
Results You Can Expect
99%
Attestation completion rate
80% faster
Time to collect attestations
Zero
Attestation disputes
Frequently Asked Questions
Other Solutions for Regulatory Change Overload
Other Challenges Attestation Tracking Solves
Stop Struggling with Regulatory Change Overload
See how attestation tracking can transform your compliance operations.