BSA management & AML software to stop criminals from laundering funds and financing terrorism.
LogicManager’s Enterprise Risk Management software for banks and other financial institutions leverages existing activities by integrating them into a formalized, flexible ERM process. Faced with a volatile risk environment, the majority of banks and other financial institutions have been driven by their regulators to reorganize and reprioritize their organization’s approach to ERM. Executives recognize the importance of continuous bank risk management and monitoring exposures, but few are able to monitor key risks continuously in their companies.
From small community banks to large multinational financial institutions, too many resources are taken up by manual compliance activities. As the number of regulations increase and change, so do the risk assessments required as part of your ERM and compliance process.
- Leverage LogicManager’s financial compliance software and consolidated risk frameworks for banks, which include full libraries of compliance information to manage your bank’s operational, regulatory, financial and strategic risks.
- Use risk assessments to cover the separate, silo’d, and often redundant requirements of compliance mandates from A to Z.
- Reorganize and report on assessment information used by the OCC and Federal Reserve. Roll up risk intelligence to board-level corporate objectives and meet multiple stakeholders’ needs by simply re-aggregating the same information.
What is the Model Audit Rule (MAR)? The Model Audit Rule, also known as Model Audit Rule 205 and MAR 205, is a regulation issued by the National Association of Insurance Commissioners (NAIC). The regulation’s official title is Annual Financial Reporting Model Regulation. MAR’s purpose is to regulate surveillance of insurance companies. It contains many…
Our dedicated team monitor regulations for changes and clarifications, automatically updating content and notifying those involved.
Regulatory guidance and checklists for consumer compliance regulations.
See it in Action!
Founded with a focus on customer satisfaction, risk management expertise, and cost effective innovation, LogicManager is the leading provider of ERM software.
Interested in learning more? Reach out to see a live demonstration of our risk management software for banks, or request a pricing quote.