Regulatory requirements constantly change creating a challenging environment. Organisations must stay compliant while continuing to manage their business efficiently and effectively. The Corlytics Change Management module gives compliance teams the ability to to track, assess, and implement regulatory changes with precision and transparency.
The module delivers structured workflows that facilitate regulatory impact assessments, gap analyses, and progress tracking. By grouping similar regulatory change requirements into structured change packages, organisations can assign tasks, monitor implementation, and maintain full auditability.
Benefits
Proactive compliance management
Stay ahead of regulatory change management by systematically assessing and implementing new obligations. Compliance teams can follow a structured approach to manage evolving requirements, reducing the risks associated with non-compliance and penalties
Operational efficiency & resource optimisation
Automate and streamline change management processes to minimise manual effort. Assign tasks effectively, reduce duplication, and ensure resources are focused on high-impact regulatory changes
Improved transparency & governance
Achieve full visibility into changes in regulation with structured workflows and clear accountability. Maintain a robust audit trail that supports regulatory attestation as well as internal governance requirements.
Key features:
- Regulatory impact assessment: identifying the impact of new or changing regulatory obligations and assess compliance at varying levels of granularity
- GAP Analysis: Teams identify compliance gaps, define them in a change package, and address them. The system triggers alerts at each stage, notifying relevant teams, while also recording offline gap analysis work.
- Final change requirements: Teams assess the impact of regulatory change, identify compliance gaps, and define final requirements to ensure compliance responsibilities are met. They create multiple requirements, assign properties, and track progress effectively.
Solutions
Our case studies
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.
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