Regulatory Response for Banks
Stop Spending Your Weekends on Regulatory Fire Drills
Monday morning. You’re about to review open policy exceptions but are instead notified the Federal Reserve Board has issued a first day letter (FDL).
Pencils down — it’s all hands on deck. You and your team have 30 days to parse through the detailed requests, coordinate with SMEs across the organization and submit comprehensive responses along with supporting evidence. As if that’s not enough, you’ll also have to respond to an indefinite series of follow up inquiries from the regulator, each requiring a response within 48 hours.
If your current reality looks like this, then it’s time to transform how you handle regulatory examinations. Download our one-pager to discover how RegScale is helping financial institutions stop scrambling to collect evidence and quit managing their regulatory response in spreadsheets and emails. We cover:
- The CRI Profile v2.1 and its 208-318 diagnostic statements covering 2,500+ global regulatory requirements
- Automated response workflows to handle incoming requests, evidence collection, exports, and more
- Advanced AI capabilities for automatically drafting responses, conducting proactive quality analysis, and pre-populating questionnaire responses
- Cross-framework mapping that enables content reuse across 25+ mainstream compliance standards, including CIS Critical Security Controls, CISA CPGs, and DORA
- Real-time visibility with comprehensive cyber risk and compliance monitoring in a single platform
Whether you’re just starting on the path to regulatory response automation or you’re looking to optimize your existing program, learn how RegScale can help you reclaim your weekends and achieve a 60% reduction in audit and exam prep time.
