LogicManager’s ERM platform comes equipped with consumer compliance and protection capabilities to empower you to thrive in a See-Through Economy with a risk-based approach.
Readiness Checklists: LogicManager will help you build out CFPB exam guidance and all applicable regulations as checklists directly in the platform so you can align with the Truth in Lending Act (TILA), Unfair, Deceptive, or Abusive Acts or Practices (UDAAPs), the Community Reinvestment Act, the Home Mortgage Disclosure Act (HMDA), and many more.
New Product Risk Assessments: Leverage pre-built new product risk assessments to meet requirements set by the CFPB to design products with consumer protection compliance in mind.
Seamless Change Management: LogicManager partners with Compliance.ai to provide our customers real-time updates to relevant financial regulations. Automated workflows enable users to immediately take action to comply with any change.
Taxonomy Technology: LogicManager uses a tiered taxonomy structure that enables users to map regulations and standards to policies, departments, assets, and more to more efficiently track risk.
Incident Webforms: We provide customer complaint forms out of the box you can customize to collect all the information you need. You can then create automated workflows for each type of incident to ensure escalation.
Automatic Reporting: LogicManager provides pre-built and custom reports to help you efficiently gain insight into customer complaint trends and non-performance gaps. Engaging and intuitive reports help you provide compliance and gain board buy-in.