Three new U.K. Regulators are now supported in Ascent's compliance management platform: the Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA), and London Clearing House (LCH), specifically LCH SA &…
Regulatory change management continues to be a top challenge for financial institutions. Rule changes have increased by 500 percent in the last decade and it is estimated that 300 million…
(2 min read) Ascent RegTech announced today that its cloud-based platform now supports the regulators required by federally-regulated banks and other financial firms, bundled for simpler purchasing and implementation. Ascent’s…
We are excited to announce the release of seven new regulators into the Ascent platform: FFIEC (Federal Financial Institutions Examination Council) FRB (Federal Reserve Board), OFAC (Office of Foreign Assets…
The cost to comply is rising. A 2018 study by CEI estimates that firms spend approximately $10,000 per employee on compliance. That means that larger institutions (i.e. global banks, large…
Ascent RegTech announced today the launch of an enhanced product offering that automatically delivers regulatory updates targeted to the customer and, even more critically, that shows the customer how that update…
Regulatory compliance programs cost financial firms billions of dollars annually. Much of this cost is a result of the exhaustive amount of time required…
GDPR, the EU's personal data protection and privacy regulatory ruleset for companies around the world became active in May of 2018. A Forrester report showed that just four months before…
PRESS RELEASE Ascent announced today that it has formalized an ongoing collaboration with the Financial Conduct Authority (FCA) with the purpose of componentizing the FCA Handbook. These efforts will help…
We set out to gather research from our customers to improve the Ascent experience. From the invaluable feedback we received, some clear patterns emerged revolving around the following questions: Tasks…