ViClarity’s Banking Governance, Risk & Compliance Automation Software

The banking and financial services industry has shown remarkable resilience in the wake of the COVID-19 pandemic. The results of the pandemic have seen banks explore new ways of working having been subject to a real-world test of their IT and cyber infrastructure, risk management programs, and operational resilience.

It has also been a completely new chapter for Governance, Risk, and Compliance (GRC) professionals who have had to deal with several new and evolving risks in the new normal.

With ViClarity's governance, risk and compliance software, you can reduce your bank’s reliance on manual processes, freeing up your teams time to focus on more value add activities.

ViClarity’s Banking Governance, Risk & Compliance Solution

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Risk Management

Banking Risk Management Solutions

Remove the manual administration associated with risk management with ViClarity. ViClarity's Risk Management solution enables a structured approach towards managing your organisational risks. See real time insights into your risk management processes through powerful analytics, heat maps, reports and dashboards to empower you to make smarter risk based decisions.

Risk Management Solution Features For Banking

The ViClarity Risk Management Solution helps risk teams gain efficiency through automation, accessible reporting and configurable options to match your program's needs.

Risk Oversight - Improve risk-based decision-making by easily identifying key issues, so you can effectively prioritise, plan and create corrective actions to resolve them.

Operational Efficiency - Automation of risk assessments and control attestation reduces the time and costs associated with the administrative side of risk management.

Dynamic Reporting - Create dynamic reports to view trends and generate a visual risk profile for management, board members, and regulators.

Compliance Management

Banking Compliance Management

Centralise and automate compliance processes across multiple teams and locations with ViClarity’s compliance management solution. Schedule and track tasks across your organisation, get instant clarity on strengths, identify weaknesses, manage corrective action plans, and report in real-time.

Compliance Management Solution Features For Banking & Finance

The ViClarity Compliance Management Solution helps teams gain efficiency and consistency in reporting, access information in real-time and build a strong relationship with regulators.

Gain efficiency and consistency - Get rid of manual processes that are not scalable and replace them with repeatable, automated processes. Lighten your resource burden and effortlessly assemble reports and evidence for stakeholders.

Access information in real-time - view the current state of affairs in colourful real-time dashboards for instant identification of non-compliance.

Be confident with regulators - being able to produce reporting and dashboards for regulators quickly will help them see that you are working to maintain ongoing compliance and you are on top of matters.

Vendor Management

Vendor Management in Banks & Financial Institutions

Our Vendor Management Solution allows you to have all your vendors, contracts, and reviews in one central location eliminating duplicate records and driving service excellence. The system allows you to proactively deal with upcoming deadlines, identify areas where further action is needed, control costs, mitigate risks, and improve service.

Vendor Management Solution Features For Banking & Finance

The ViClarity Vendor Management Solution helps bank risk professionals understand and monitor the risks external vendors bring to their organisation.

Increased Efficiency - Remove the reliance on spreadsheets and manual tasks during the vendor process. The system automatically follows up with vendors and their owners to ensure all work is carried out efficiently.

Decision Making Made Easy - The data gathered allows firms to make better decisions on what vendors they work with, along with ensuring they are alerted when contracts are up for renewal and other key deadlines with vendors.

Enhanced Oversight - Housing all required info in one location improves oversight and decision-making efficiency.

Documentation Management

Banking & Financial Document Management Solution

Do you find it difficult to manage and locate the most up-to-date policies and procedures within your organisation? Keeping documents organised, available and up-to-date can be a time-consuming challenge for many. Most businesses generate a tremendous number of documents, and it is difficult to locate, update and distribute the ones you require.

DocQment provides organisations with a structured and streamlined method to easily manage documents in one centralised solution.

Document Management Solution Features For Banking & Finance

The ViClarity Document Management System allows for automation and oversight of a commonly manual process.

Automatic Review Cycles - Automates the process of notifying the owner prior to a document review date and brings them through a structured review process.

Search Capabilities - Allows end-users to easily retrieve documents in seconds.

Increased Efficiency - Keeping documents organised, available and up-to-date in one location eliminates time wasted processing and reaching out for the latest policies and documents.

Enhanced Version Control - Always have the most recent version of the document at your fingertips. ViClarity's version control ensures the latest version is available, and older versions can be archived in the background.

Complaint Management

Complaint Management in Banks & Financial Institutions

Automate your time-consuming complaint management process. ViClarity has heard from many clients that complaint management can be challenging. Tracking complaints in a spreadsheet can be tedious and hard to manage. The ViClarity Complaint Management Solution automates the process, making it easier to log, track, manage and report on complaints as they run through the process.

The automated nature of logging and reviewing complaints allows for quicker resolution and removes the time lag often seen with spreadsheet reviews sent through email.

Complaint Management Solution Features For Banking & Finance

The ViClarity Complaint Management Solution allows for automation and oversight of a commonly manual process.

Log complaints with ease - logging a complaint in ViClarity is as easy as the click of a button. Once logged, the complaint is automatically sent to the next line of review.

Analyse complaints in real-time - view complaints on a real-time dashboard that highlights the progress of items. Getting away from paper-based forms and spreadsheets make the process more efficient for everyone.

Built-in action tracking - assign corrective actions within the ViClarity system to be sent to the action owner and followed up on at assigned intervals. The status of these actions is easily viewed on the live dashboard.

Calculate your potential time savings with ViClarity.

A valuable benefit realised from implementing technology into an audit, risk or compliance program will be the return of time spent on manual processes. Click the button below to use our Time Savings Calculator to see how much time ViClarity could save you.

Time Savings Calculator

Board Management

Banking & Financial Board Management Software Solution

Collaborate and communicate easily with your Board. Having strong and consistent communication with your Board creates a more confident and trusting relationship. The ViClarity Board Management Solution offers the perfect place to collaborate.

The ViClarity platform provides a place to prepare for, conduct and follow up on actions from board meetings. Share documentation and collect feedback prior to meetings.

Board Management Solution Features For Banking & Finance

The ViClarity Board Management Solution allows streamlined communication with a Board of Directors or other oversight groups or committees.

Store meeting minutes - keep meeting minutes in a common location, activating follow-up tasks on any action items that may have been generated during the meeting.

Share and collaborate - send out documentation prior to the meeting for review, and allow board members to comment or provide feedback within the system.

Calculate your potential time savings with ViClarity.

Time Savings Calculator

ViClarity’s Banking Governance, Risk & Compliance Automation Software

Complete Centralised Solution

One-Click Compliance Reporting

Visualise Compliance Dashboards

Banking Risk Management Solutions

Risk Management Solution Features For Banking

Banking Compliance Management

Compliance Management Solution Features For Banking & Finance

Vendor Management in Banks & Financial Institutions

Vendor Management Solution Features For Banking & Finance

Banking & Financial Document Management Solution

Document Management Solution Features For Banking & Finance

Complaint Management in Banks & Financial Institutions

Complaint Management Solution Features For Banking & Finance

Calculate your potential time savings with ViClarity.

Banking & Financial Board Management Software Solution

Board Management Solution Features For Banking & Finance

Calculate your potential time savings with ViClarity.

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