LogicGate has launched a new Banking Solution, providing financial institutions with an integrated approach to managing threats and compliance changes, offering a centralised, holistic view of risk exposure.
Available on LogicGate’s Risk Cloud platform, the Banking Solution equips risk and compliance professionals with the tools to proactively mitigate risks.
Go deeper with GlobalData
It also helps ensure regulatory compliance and incident resiliency. Tailored for the financial sector, the solution offers essential information for CISOs, CROs, and CCOs to manage and advance their regulatory and risk management programmes.
The new product provides a regulatory compliance solution that centralises regulatory obligations, automates assessment workflows, and tracks corrective actions.
The enterprise risk management solution enhances an organisation’s risk identification, assessment, and mitigation capabilities, offering pre-built assessment templates and risk scoring guidance.
Furthermore, the controls compliance solution assists banks in aligning internal controls with industry-specific frameworks, such as NIST CSF, PCI DSS, and SOC 2, to improve operational efficiency and audit readiness.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIncident management workflows are centralised to manage responses to cyber-attacks, data breaches, or fraud events, ensuring timely reporting to regulators and transparency with stakeholders.
Additionally, the policy management solution streamlines the creation, review, and approval of policies, while tracking employee attestations to ensure compliance with regulations.
Lastly, the third-party risk management solution automates risk reporting and resolution workflows, helping banks maintain their risk standards with vendors.
LogicGate co-founder and CEO Matt Kunkel said: “Few industries are as regulated and scrutinised as the financial sector, elevating the importance for banks and credit unions to have stringent risk and compliance standards that institutions and their vendor ecosystems uphold.
“Instead of taking a disjointed, point solution-based approach to managing extensive risk responsibilities and requirements, we curated a comprehensive solution empowering financial institutions to take a more holistic approach to managing the sea of evolving regulations.”
