FINANCIAL SERVICES companies such as banks, credit unions, broker dealers, investment advisors, collection agencies and the like, are subject to comprehensive regulation meant to ensure safety, privacy and fair practice. Compliance failures can result in significant consequences. As such, managing compliance should deserve more attention than a patchwork of spreadsheets, Word docs and PDFs can provide. With Strunk Risk Manager your firm will be better prepared to pass your regulatory audits with a minimum of stress, with the significant side benefit of knowing your data, customers, and reputation are protected from malicious or careless actors.
Strunk Risk Manager Provides Automated Tools For Financial Organizations To:
Use Risk Assessor to complete your required internal risk assessments. Manage your policies in a cloud-based database that provides a single source of truth available to everyone who needs access. Track changes to policies with our red line tool, including approvals. Manage control procedures for testing policy compliance and recording test results.
Strunk Risk Manager allows you to create reader and editor groups to control who has access to policies and controls. You can log employee acknowledgement of reading policies and create tests for employees to demonstrate their knowledge of your policies.
Strunk Risk Manager hosts your entire compliance program in a secure, structured cloud-based database that keeps everything organized and at your finger tips.