In the consumer lending industry, compliance is no easy job. To be clear: compliance is rarely an easy job, but fair lending laws are particularly tricky and prone to change. What protected an organization yesterday won’t necessarily stand up to tomorrow’s challenges.
How can you keep your organization in compliance today? With a compliance management system.
But you can’t rely on just any CMS. In order to function at the level regulators expect, a CMS needs to be responsive—it needs to respond quickly to complaints, board requirements, and regulatory updates. At the same time, your CMS must provide complete coverage of your entire organization and network of business relationships—nothing can be left to chance. Finally, your CMS should be able to generate in-depth reports so you can meet regulator’s demands and empower leadership to make critical business decisions.
Compligo: the Backbone of Your CMS
Meet Compligo. Compligo helps finance companies like yours stay in compliance with Fair Lending regulations, and stay out of both regulators’ and auditors’ crosshairs. Our cloud-based system is easy to use and mobile-enabled. It’s a turnkey way to…
- manage your compliance program,
- track consumer complaints,
- monitor and report on all activities
…all so you remain audit-ready to examiners, your bank’s compliance team, and your internal stakeholders.
I could write about Compligo all day (and if you look back through our blog, you can read about it all day), but seeing as you’re in consumer finance, you’re probably short on time. Instead, I’d like to invite you to join us for a Tour of Compligo.
See Compligo in Action
What should a fair lending CMS look like? To find out, spend just 20 minutes with Compli compliance expert, Joe Aakre (AKA “Professor Joe”). He’ll walk you through the features of Compligo and how it can serve as the backbone of a rock-solid CMS.
During this short presentation, you’ll see firsthand how Compligo can…
- help your workforce comply with evolving fair lending regulations through effective training and policy attestations;
- give you immediate insights into your compliance scores, so you can spot potential issues before they become serious, and seriously expensive, problems;
- generate proof of compliance for both regulatory examiners and your capital resources;
…and more. Find your compliance gaps before others find them for you—sign up for our Tour of Compligo today.