CORLYTICS: RISK RATING THE REGULATORY LANDSCAPE

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CORLYTICS NEWS

Erica Russell of our Legal and Regulatory Team looks at the growing relevancy of ESG integration in sustainable investment and the role of regulators in the process.
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CORLYTICS NEWS

Read the Duff & Phelps Global Enforcement Review 2020 which focuses on AML enforcement using extensive global enforcement data from Corlytics.
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CORLYTICS NEWS

Corlytics is delighted to be included in this year's Medici / EY RegTech Top 21 for
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CORLYTICS NEWS

Cybersecurity during Covid-19. Hannah Dillon, one of our Legal and Regulatory Analysts discusses the increasing need for cyber resilience.
(read article)

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CORLYTICS NEWS

E-money firms are scandal waiting to happen; deposit protection, more regulation
required. Article by by Rachel Wolcott of Thomson Reuters
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CORLYTICS NEWS

Corlytics Insights: Read our quarterly enforcement report "The Impact of Covid-19 on enforcement, Q1 2020
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CORLYTICS NEWS

Thank you Tracxn for chosing us as part of the "Soonicorn Club of Ireland 2020"
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CORLYTICS NEWS

Out of the window: Article by Rachel Wolcott of Thomson Reuters
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Out of the window: COVID-19 prompts unexpected regulatory change for 2020 compliance, risk management workplans. Article by Rachel Wolcott of Thomson Reuters
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CORLYTICS NEWS

Corlytics, CeADAR and Singlepoint
to share in €65m Government Fund for
Disruptive Technologies.

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Corlytics, CeADAR and Singlepoint
to share in €65m Government Fund for
Disruptive Technologies.

(Read more)

Corlytics, CeADAR and Singlepoint to share in €65m Government Fund for Disruptive Technologies.

(Read more)

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CORLYTICS NEWS

Corlytics is recognised as one of the world’s most innovative technology solution providers for the 3rd year in a row!
(Read more)

Corlytics provides relevant insight into the size, scope and root causes of regulatory risk, enabling the three lines of defence to better plan their compliance programs

WHY CORLYTICS?

Corlytics risk weights and reveals the highest priority regulatory themes to enable better regulatory outcomes for regulators and regulated firms.

HOW CORLYTICS WORKS?

Corlytics analyses global regulatory notices. Using our regulatory taxonomy and advanced analytics, we extract relevant intelligence to rate the risk of regulatory concerns.

WHAT CORLYTICS OFFERS?

Corlytics uses risk-based analysis of critical and emerging regulatory topics to enable firms to design and prioritise audit, risk and compliance programs and investments. Corlytics also provides access to relevant, analysed regulatory notices.

CHALLENGES

VOLUME

Firms struggle to monitor and analyse regulatory notices from the regulators to which they are exposed. For most firms this is a manual and time consuming process.

RELEVANCE

Firms struggle to understand what information is actually relevant to their business and which information should go to which internal team.

REGULATORY RISK

Firms struggle to extract risk intelligence from relevant notices in a way that quickly and clearly highlights the greatest areas of regulatory risk.

SCALE OF THE CHALLENGES

2500+

VOLUME

Estimated number of compliance rule books globally

250

RELEVANCE

Average number of regulatory alerts daily issued by over 900 regulators globally. Firms need relevant data

$270bn

REGULATORY RISK

Estimated cost of compliance to the banking industry each year

SOLUTIONS

AUTOMATED COLLECTION

Single centralised store of regulatory notices from global regulators, collected automatically for analysis

RELEVANT INTELLIGENCE

Control-oriented and regulation-centric risk views of regulatory intelligence specific to firms, regulators, jurisdictions and products.

RISK BASED ANALYSIS

Current and future regulatory risk models, enabling firms to plan risk, audit and compliance programs and associated investment allocation

SOLUTIONS OVERVIEW

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CORLYTICS TAXONOMY MAPPING

REGULATORY TAXONOMY FOR RELEVANT INFORMATION

Corlytics’ regulatory taxonomy enables categorisation, mapping and routing of regulatory content to a firm’s view of compliance risk, business lines, and controls. This makes sense of regulatory notices for departments, teams and individuals, so that only relevant information is highlighted for action. Our regulatory taxonomy has also been used to create the world’s first intelligent handbook by mapping the FCA’s taxonomy to its regulatory handbook. The handbook is now a searchable database surfacing only relevant regulations for regulated firms.

DISCOVER TAXONOMY MAPPING

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CORLYTICS RED

RED: MONITORING GLOBAL REGULATORS

Corlytics’ bots scan all notices from regulators for all types of regulatory content, including regulator communications (business plans, speeches etc), regulatory developments (consultation papers, draft regulations, etc) and regulatory penalties (enforcements, warning letters etc). Corlytics collates this information to a single cloud-based repository which can be used for analysis and risk weighting. Corlytics RED, enables firms to interact with this content, using it as part of the day to day compliance operations.

DISCOVER RED

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CORLYTICS RISKFUSION

CREATING RISK INSIGHTS FROM REGULATORY DATA

RiskFusion® highlights regulatory concerns for risk, audit and compliance teams to assist in the planning and allocation of regulatory compliance investments. Corlytics collects and categorises regulatory data. Relevant data sets are then analysed and summarised by Corlytics’ regulatory and legal analysts. RiskFusion® risk models are applied to the curated data to illustrate the highest risk jurisdictions, regulations, regulatory topics and provisions. Prioritised regulatory action plans are built from these views.

DISCOVER RISKFUSION

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MEET THE CORLYTICS TEAM

OUR TEAM HELP YOU TO ANALYSE AND QUANTIFY YOUR REGULATORY RISK

Our team is comprised of world class legal and regulatory analysts, data scientists, risk professionals and seasoned technologists. Depending on the engagement type, members of this team provide specialist services to the regulator or regulated firm in question. We offer taxonomy mapping services to regulators for regulatory content and to regulated firms for taxonomy mapping. Regulatory analysts provide specialist services on regulatory review and regulatory change issues. Risk specialists provide core risk models integrated with client data for firm-specific views of risk.

DISCOVER OUR ADVISORY SERVICES

OUR CLIENTS

MEMBERSHIPS & ACCOLADES

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CONTACT US

Please contact us if you want any further information about us and our solutions.

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