Bank Compliance & Risk Oversight

Compliance in banking demands a delicate balance of regulatory adherence, efficiency, and oversight. Without the right tools, compliance becomes reactive and disconnected from strategic priorities. LogicManager’s Bank Compliance & Risk Oversight solution provides a single platform to automate regulatory checkups, apply risk-based assessments, and strengthen governance. Replace outdated, static checklists with a dynamic approach to compliance management to eliminate manual inefficiencies, improve accountability, and stay ahead of regulatory scrutiny.

• Automate compliance checklists and regulatory updates to eliminate gaps and surprises.
• Free your team from time-consuming checklist updates and evidence collection with automation.
• Connect risk, compliance, audit, IT security, and vendor management in a single governance framework.
• Ensure seamless regulatory exams with real-time dashboards and automated reporting.

Automated Compliance Checklists & Regulatory Monitoring

LogicManager allows banks to create and automate compliance assessments for various regulatory requirements. With built-in tracking of regulatory changes, compliance teams can ensure that their policies and procedures remain up to date without manual intervention. Risk-based scoring prioritizes compliance gaps while automated control testing and remediation workflows ensure nothing falls through the cracks.

Risk-Driven Compliance Oversight & Audit Readiness

Banks can achieve full visibility into their compliance programs with real-time dashboards and automated evidence collection. LogicManager streamlines internal audits and regulatory exams, ensuring that all compliance activities are well-documented and defensible. Workflow automation assigns tasks, tracks remediation efforts, and escalates issues based on risk severity to ensure accountability.

Separation of Duties (SoD) & Cross-Functional Accountability

With unlimited users and role-based access controls, LogicManager supports collaboration across Compliance, Risk, Internal Audit, IT Security, and Finance without per-user licensing constraints. Separation of Duties (SoD) workflows ensure that compliance tasks and approvals are handled by the appropriate personnel, preventing conflicts of interest and enhancing governance.

Efficiency & Cost Optimization

By automating compliance processes, LogicManager reduces the time spent on manual checklists and reporting. Proactively identifying gaps before regulatory exams minimizes the risk of fines, while tracking third-party tool utilization helps reduce wasted software costs. Consolidating assessments across regulatory frameworks eliminates duplicate efforts, making compliance management more efficient.