Kyriba helps you achieve and maintain regulatory compliance by defining roles for each user and establishing access rights based on a range of criteria.
The ever-changing regulatory landscape keeps compliance top of mind for many senior financial executives. Consider that:
- 50% of financial executives cite greater regulatory and compliance oversight as one of the key drivers for undertaking treasury and risk management initiatitives.1
- A new regulation is introduced every 22 days.2
Dodd-Frank, EMIR, FBAR, SEPA, Sarbanes-Oxley, FATCA – the list seems endless, and it’s a challenging, constant effort to comply with the regulatory requirements, diverting resources that could be better spent on strategic initiatives. Understanding the latest regulations and making sure that policies, processes, reporting and systems are updated to ensure compliance with these new regulatory requirements require time and money, unless you have the proper controls and technology in place to respond quickly.
Regulatory compliance is non-negotiable. How are your systems supporting your current compliance requirements today? And how are they positioned to respond to the changing regulatory landscape? Can your systems support reporting requirements and enforce controls to align with policies that support regulatory requirements? Kyriba’s Risk team works with our Client Advisory Board and industry experts to stay at the forefront of regulatory changes, innovating our solution to meet the future challenges of new regulatory reporting disclosures.
With Kyriba, you can:
- Streamline reporting. Kyriba’s powerful reporting enables organizations to easily comply with regulatory reporting requirements.
- Respond to regulatory changes – quickly and easily. Deployed in the cloud as a SaaS offering, Kyriba is better positioned to rapidly make and deploy changes to systems, allowing organizations to meet regulatory requirements without having to make painful and costly system upgrades.
- Enhance audit and controls. Automated workflows and enforced procedures ensure adherence to policies. Audit reporting is available to support compliance practices and reporting requirements.
Sources: (1) Aberbeen Group, 2013, (2) Financial Times, 2013