OneSumX for Regulatory Change Management
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OneSumX for Regulatory Change Management

  • A Centralized Approach to Managing Regulatory Change Drives Greater Control, Efficiency and Certainty

    Insurance companies today face an increasing number of regulations that seem to be in a never-ending state of change. Regulators are frequently criticizing insurers in exams for failing to implement a newly enacted or a changed requirement impacting the insurer’s operations. These failures can carry substantial penalties and negative brand exposure. With today’s complex regulatory structure and high-level of compliance risk, organizations must replace manual, outdated and inefficient regulatory change management systems.

    Wolters Kluwer’s regulatory change management solution helps organizations of all sizes effectively manage the process of change in their compliance programs. By bringing content, workflow control and robust reporting capabilities to the regulatory change management process, we help organizations effectively manage change, prove compliance and make better business decisions.

    Our configurable approach allows you to choose the solution that makes sense to your business, from simply automating and centralizing the regulatory change workflow, to improving the process end-to-end with integration into a compliance risk framework:

      • Configurable workflow program automation and insightful reporting provides the management tools necessary to both ensure an efficient regulatory change implementation as well as an effective risk control measure.
      • Actionable regulatory intelligence on changes, from our industry leading research database OneSumX NILS INsource, complete with detailed summaries from our compliance experts save you countless research hours and helps staff make informed decisions about change implementation.
      • Mapping to Policies and Procedures reduces compliance risk by making identification of processes impacted by the change easier and ensures nothing is missed.
      • Get the help you need with a regulatory research project, implementation, program review or process. Our consultants are some of the most experienced and skilled compliance professionals in the industry.