Regulatory breaches pose significant financial and reputational risks to organisations, requiring structured, efficient, and auditable management.
Traditional manual approaches are slow, prone to error and often lack visibility, making compliance reporting a challenge.
The Corlytics Breach Reporting module provides a
digitised, automated approach to breach management. This ensures transparency, accountability and full compliance with regulatory requirements. Integrated into the Corlytics regulatory risk intelligence platform, it allows organisations to efficiently track, assess, and report breaches with confidence.
Benefits
Enhanced regulatory oversight
Gain full visibility of your organisation’s compliance breaches, with centralised tracking, automated escalation, and real-time reporting capabilities.
Improved efficiency and accuracy
Eliminate manual inefficiencies with automated workflows that ensure the right teams handle breaches promptly, reducing response time and improving accuracy.
Strengthened compliance and risk management
Ensure regulatory obligations are met with seamless reporting mechanisms, robust audit trails, and proactive breach remediation processes.
Key features:
- Identification of breaches, as potential compliance breaches are logged via an in-platform form or intranet page and automatically routed to the relevant user(s) for assessment.
- Assessment, once breach has been escalated, they are investigated and documented within the platform. Confirmed breaches trigger workflows to track actions and manage regulatory escalation
- Reporting to regulator: Dedicated regulatory reporting users capture and log all correspondence with the relevant authority, ensuring a transparent and auditable record. Every interaction is stored against the case file, providing easy access for review at any stage, including after case closure. This ensures compliance and accountability in regulatory communications.
Solutions
Sectors
Our case studies for Financial Services
Here, you’ll discover detailed narratives showcasing how Corlytics has helped clients successfully navigate complex regulatory challenges. In each case study, you’ll gain insights into the strategies employed, the specific technologies used, and the tangible results achieved, all contributing to improved compliance and operational efficiency.
Insights for Health and Life Sciences
Read our use cases and case studies for our Health and Life Sciences clients and how we are helping organisations stay ahead of the regulatory curve while fostering a culture of accountability and transparency. Stay informed, stay compliant, and discover the future of RegTech with us
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