Ascent RegTech

Benefits of Using Ascent RegTech

Ascent RegTech provides a powerful regulatory compliance software that offers numerous benefits for firms in tracking and managing their changing obligations effortlessly and accurately. By utilizing this AI tool, businesses can simplify their compliance processes, especially in complex multi-jurisdictional operating environments.

Key Features

• Obligations Inventory: Automatically generates an up-to-date digital register of your firm’s regulatory obligations.
• Rule Compare: Allows side-by-side comparison of the new and former versions of a rule, with changes redlined.
• Horizon Scanning: Provides a comprehensive understanding of your business’s regulatory requirements to inform decisions on new products or services.
• Scenario Planning: Helps identify compliance obligations for any acquisition or expansion effort.
• Audit Trail: Offers a comprehensive dashboard view of your active obligations.

Use Cases

Ascent RegTech is designed to cater to a wide range of industries, including:

• Financial Services
• Mortgage Lenders
• FinTech
• Professional Services

These industries can greatly benefit from Ascent's AI-powered tool, as it precisely identifies the regulations applicable to their business and establishes a reliable source of regulatory truth. Moreover, it eliminates the need to consider or research non-applicable regulations, saving valuable time and resources.