Staying ahead of ever‑evolving financial regulations shouldn’t drain your team’s time, energy, or resources. That’s why we’re excited to introduce Compliance Hub Alerts by TruStage™ Compliance Solutions — a smarter, automated way for compliance teams to stay informed and take action.
Compliance Solutions is introducing Compliance Hub Alerts, a new TruStage product that allows financial institutions' compliance teams to monitor the ever-changing regulatory landscape and to be able to proactively plan for future work efforts. Compliance Hub Alerts leverages TruStage’s own internal research engine, which monitors over 18,000 regulatory citations including state and federal laws, agency rules, case law, and regulatory guidance in one place that automatically notifies financial institutions of regulatory changes in real-time. This tool helps boost team efficiencies by removing reliance on multiple tracking tools and manual tracking mechanisms and filtering alerts to only those that would impact your institution.
With a web-based application that is designed to be easy-to-use, financial institutions gain access to:
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AI generated plain language summary description of the regulatory changes
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Description of its impact to financial institutions and guidance or recommendations that should be considered when implementing the changes within business operations and lines of business
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Links to the specific legal references and the source material that correlates with the changes
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An "at-a-glance" dashboard for use by compliance teams, stakeholders and others within your financial institution to provide information on what is being tracked, who is responsible for its undertaking and action items that need to be taken on a certain change and action items that have been completed
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A hub of other compliance resources
Financial institutions can set parameters to control which alerts they receive within the application itself or in their inbox to ensure that only information relevant to your institution is received.
The use of Compliance Hub Alerts fosters collaboration across your financial institution about important compliance matters and helps to empower your teams to plan for regulatory updates that require action prior to effective dates. Take a look at this video for a preview of Compliance Hub Alerts. Attend this webinar and receive a 90-day free trial of Compliance Hub Alerts.
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