Patent Application

App. No. 14/206,648

Abstract

Claims (40)

1 . A computer-implemented method for facilitating regulatory compliance in a computer-based system having a central server executing regulatory workflow routines and being in communication with a database for storing regulatory compliance related data, the method comprising:

receiving a signal related to at least one topic;

associating the at least one topic with a predefined theme;

using the predefined theme to associate the at least one topic with an entity;

associating the at least one predefined theme with a set of predefined workflow tasks;

creating a regulatory workflow routine by aligning at least two predefined workflow tasks in an order, said at least two predefined workflow tasks selected from the set of predefined workflow tasks; and

executing, by the central server, the regulatory workflow routine.

2 . The computer-implemented method of claim 1 , further comprising:

collecting compliance data generated by the regulatory workflow routine; and

producing a report comprising categorized data generated by the regulatory workflow routine.

3 . The computer-implemented method of claim 1 , wherein the predefined theme is one of entity establishment and governance, capital and accounting, internal controls, risk management, conflicts, employees, sales, trading and research activities, product creation, underwriting and lending activities, recordkeeping, transactional reporting, client assets, third party disputes, data protection, regulatory oversight, and criminal and civil offenses.

4 . The computer-implemented method of claim 1 , wherein the at least two predefined workflow tasks are one of creating users, assigning coverage per business unit, identifying key risk indicators by theme, creating and managing policies and training assessments, inputting metrics, monitoring regulatory change, mapping controls to organization structure, performing risk assessments, performing testing and monitoring, planning and scheduling audits, performing audits, managing issues, managing regulator relationship, examining document and inquiries, producing risk dashboards, and producing reports of risks.

5 . A system for facilitating regulatory compliance comprising:

at least one access device, the at least one access device comprising a processor;

a memory coupled to the processor; and

c. a set of computer readable internet restriction program instructions executable by at least one of the memory and the processor, the set of computer readable internet restriction program instructions configured to:

receive a signal related to at least one topic;

associate the at least one topic with a predefined theme;

using the predefined theme to associate the at least one topic with an entity;

associate the at least one predefined theme with a set of predefined workflow tasks;

create a regulatory workflow routine by aligning at least two predefined workflow tasks in a order, said at least two predefined workflow tasks selected from the set of predefined workflow tasks;

create a regulatory workflow routine by aligning at least two predefined workflow tasks in a desired order, said at least two predefined workflow tasks selected from the set of predefined workflow tasks; and

execute by the central server a regulatory workflow routine.

6 . The system of claim 5 , further configured to:

collect compliance data generated by the regulatory workflow routine; and

produce a report comprising categorized data generated by the regulatory workflow routine.

7 . The system of claim 5 , wherein the predefined theme is one of entity establishment and governance, capital and accounting, internal controls, risk management, conflicts, employees, sales, trading and research activities, product creation, underwriting and lending activities, recordkeeping, transactional reporting, client assets, third party disputes, data protection, regulatory oversight, and criminal and civil offenses.

8 . The system of claim 5 , wherein the at least two predefined workflow tasks are one of creating users, assigning coverage per business unit, identifying key risk indicators by theme, creating and managing policies and training assessments, inputting metrics, monitoring regulatory change, mapping controls to organization structure, performing risk assessments, performing testing and monitoring, planning and scheduling audits, performing audits, managing issues, managing regulator relationship, examining document and inquiries, producing risk dashboards, and producing reports of risks.

9 . Non-transitory computer readable media comprising program code stored thereon for execution by a programmable processor to perform a method for facilitating regulatory compliance, the computer readable media comprising:

program code for receiving a signal related to at least one topic;

program code for associating the at least one topic with a predefined theme;

program code for using the predefined theme to associate the at least one topic with an entity;

program code for associating the at least one predefined theme with a set of predefined workflow tasks;

program code for creating a regulatory workflow routine by aligning at least two predefined workflow tasks in an order, said at least two predefined workflow tasks selected from the set of predefined workflow tasks; and

program code for executing by the central server the regulatory workflow routine.

10 . The computer readable media of claim 9 , further comprising:

program code for collecting compliance data generated by the regulatory workflow routine; and

program code for producing a report comprising categorized data generated by the regulatory workflow routine.

11 . The computer readable media of claim 9 , wherein the predefined theme is one of entity establishment and governance, capital and accounting, internal controls, risk management, conflicts, employees, sales, trading and research activities, product creation, underwriting and lending activities, recordkeeping, transactional reporting, client assets, third party disputes, data protection, regulatory oversight, and criminal and civil offenses.

12 . The computer readable media of claim 9 , wherein the at least two predefined workflow tasks are one of creating users, assigning coverage per business unit, identifying key risk indicators by theme, creating and managing policies and training assessments, inputting metrics, monitoring regulatory change, mapping controls to organization structure, performing risk assessments, performing testing and monitoring, planning and scheduling audits, performing audits, managing issues, managing regulator relationship, examining document and inquiries, producing risk dashboards, and producing reports of risks.

Assignments (12)