Compliance Assurance Program

• Do you feel compliance is a race you just can't win?
• Do you lack the time necessary to prepare for your next audit?
• Do you need to reduce the overall cost of compliance?

InfoSight's Compliance Assurance Program measures expected and acceptable behavior and evaluates the compliance and enforcement components of an institutions' internal controls to ensure that the provisions of regulatory guidelines are being met. Documentation and Reporting is provided and includes the development of a matrix which includes the all findings as well as recommendations for corrective actions.

Overwhelmed by changing regulations and a lack of resources and budget to dedicate to compliance, organizations often feel like they are running on a wheel of perpetual motion and getting nowhere.

InfoSight's Compliance Assurance Program (CAP) is designed to assist financial institutions by reducing the cost of compliance through resource augmentation and tools that reduce the overall "compliance burden."

The compliance burden is expensive, resource intensive and requires a training continuum; however, non-compliance is not an option. It carries punitive consequences from regulatory violations and constraints to monetary penalties and reputational damage. Additionally, with an ever growing litigation landscape and the rising cost of insurance, non-compliance can cause serious damage to an institution by limiting its growth and damaging its business reputation.

You need a strategic partner to help you regain the advantage! Partner with InfoSight to:

• Augment and complement your existing staff with our compliance experts. Let us do the heavy lifting and save you time.
• Help you understand what assets you have and make sure they map to internal and external compliance.
• Determine your compliance posture prior to the arrival of examiners.
• Get a clean bill of health and attain the ratings you need to reduce the cost of compliance.
• Keep you in compliance with both existing regulations and new ones coming into effect.
• Train and mentor your Information Security and Compliance Officer(s).
• Provide institution-wide customized training for bank staff and their commercial clients.

What's also included?

• Customized Training Webinars – InfoSight will provide institution-wide customized training delivered via webinars. Topics are centered around Security Awareness and Fraud Prevention, and audiences range from bank staff to the bank's commercial clients. Popular topics can include, "How not to become a victim of online fraud", "corporate account takeover" and/or "Cyber threat self-defense," to name a few.
• ISO Mentoring – InfoSight will provide mentoring sessions with client's Information Security and Compliance Officer(s).
• Ask the Experts Access – Clients may also ask questions on any variety of compliance and security questions.

Don't face compliance issues alone. To learn how InfoSight can help you ensure continuous compliance with internal policy and regulatory mandates, contact us today.