Financial Services Compliance Software
Protect Your Institution with Rigorous Policy Management
Financial institutions face intense regulatory scrutiny and serious consequences for non-compliance. PolicyTrak helps banks, credit unions, and financial services firms create, distribute, and track compliance with regulatory requirements—reducing risk and exam findings.
Partners
Brands that Trust Copliancy Products
PolicyTrak is the leading compliance solution for financial services
Banks • Credit Unions • Investment Firms • Insurance Companies
Stay Ahead of Regulatory Changes
Financial regulations change frequently. PolicyTrak’s Law Watcher monitors regulatory agencies automatically:
- Federal Reserve Requirements — Track changes to banking regulations and guidance.
- CFPB Rules — Monitor consumer protection requirements and enforcement trends.
- State Banking Regulations — Each state has unique requirements for financial institutions.
- Securities Regulations — Track SEC and FINRA requirements for investment firms.
Standardize Compliance Procedures Across Branches
Inconsistent procedures across branches create regulatory risk. PolicyTrak ensures consistency:
- BSA/AML Procedures — Standardized suspicious activity monitoring and reporting.
- Consumer Lending — Consistent disclosure and fair lending practices.
- Privacy and Security — Data protection and breach response procedures.
- Customer Identification — Standardized CIP procedures across all locations.
Prepare for Examinations with Confidence
Regulatory examinations require extensive documentation. PolicyTrak provides:
- Policy Repository — All policies organized and easily accessible.
- Training Records — Documented proof of employee compliance training.
- Version History — Complete audit trail of policy changes.
- Gap Analysis — AI identifies potential compliance gaps before examiners do.
Verify Employee Training and Acknowledgment
Regulators expect documented training for compliance-related policies:
- Annual Attestations — Schedule and track required annual policy acknowledgments.
- New Hire Training — Automatically assign compliance policies to new employees.
- Role-Based Assignment — Different policies for different job functions.
- Examination Evidence — Generate training documentation for examiners.
