ACL Solution for Banking & Lending

ACL Solution for
Banking & Lending

Pinpoint risk and opportunity. Unify and automate the three lines of defense. Empower the front line.

loan Depot
Washington Trust Bank
RBFCU
Wells Fargo
BNP Paribas

Risk, audit, and compliance management solution for banks, lenders, and credit unions.

We combine science, technology, and data to help banks and credit unions successfully navigate the ever-shifting world of risk, audit, and compliance management. Our solution increases the value you bring to your organization by providing a lens on emerging risk while staying in line with the latest regulatory requirements.

How can ACL help you?

Every day, risk decisions are made across your organization. From the front line, where risk is introduced, to the third line of defense and regulators, ACL empowers everyone across your organization to make faster, more informed and intelligent risk decisions.

We integrate comprehensive risk assessment, audit management, issue tracking, and remediation workflow, all with powerful visualizations and dashboarding, allowing for full transparency with regulators, supervisors, and other lines of defense.

Enterprise risk management

Risk management

  • Anticipate emerging risks and opportunities.
  • Unify and automate the three lines of defense.
  • Empower the front line.
  • Apply common risk taxonomy and frameworks for reporting.
Compliance

Compliance

  • Navigate the latest regulations and standards intelligently.
  • Standardize your compliance assurance scoring.
  • Communicate with easy-to-use, easy-to-understand compliance reporting.
  • Integrate your controls and testing with standards and frameworks.
Audit

Audit

  • Employ workpaper management.
  • Independently test controls against standards and regulations.
  • Rely on integrated audit analytics that act as a genuine third line of defense.
  • Redirect audit efforts to strategic areas of the business.

Banks are seeing results with ACL.

Banking ROI

391%

return on investment

Banking NPV

$2.0M

net present value

Banking savings

$530K

resource & consulting cost savings

Why choose ACL?

Embed ready-to-use banking-specific regulatory updates, frameworks, standards, metrics and best practices into your daily management workflow.

Banking content suite

Rely on ACL’s Content & Intelligence suites for banking and lending-specific regulatory updates, frameworks, standards, metrics, and best practices. The COBIT 5.0 Framework and the COSO 2013 Internal Control Integrated Framework are included automatically.

We’ve invested-in and developed banking-specific toolkits to help you manage and stay current on the latest regulations and standards. Find them pre-loaded in your content library, which is researched and curated by ACL teams to ensure you’re always up to date. These include:

  • Consumer Financial Protection (including FCRA, UDAAP, GLBA)
  • BSA / AML / ATF
  • FDIC Compliance
  • Banking Operational Risk
  • Electronic Funds Transfer (ACH analytics)
  • and countless others.

Collaborative risk workshops

Remove subjectivity and isolation from risk assessment. ACL’s Risk Workshops are a collaborative online forum where people from different departments can discuss and score risks.

The scores are then automatically calculated into a single risk assessment. Now your entire organization is speaking one common risk language and working off one single framework.

Initiate a risk assessment in line with strategic objectives, configure risk scoring, invite participants, view real-time responses and votes, and apply this to the Risk Profile.

Map industry standards, internal policies, and regulations to your control framework to quickly visualize coverage and track regulatory changes—managing your risk exposure and reducing operational burden.

Compliance management

Stay on top of changing regulatory requirements and expectations. Improve the effectiveness of your compliance teams and reduce the overall daily burden on already strained resources.

Integrate and deploy standards, directives, and regulations automatically from the content suite designed for banks and credit unions. Now you can provide executives, the board, and regulators with a simple, easy-to-understand, comprehensive view of the bank’s compliance posture.

Audit management

Strategic assurance shouldn’t be managed in spreadsheets. We help you avoid spreadsheet headaches with gear to elevate you from painful manual tracking and collating.

We do the legwork aggregating your data so you can provide the front line and executives with better insight, and be that trusted business advisor by spending time and resources on higher-value activities. The ACL platform will chase down PBC requests, management responses, and remediation efforts across the business. We offer the most comprehensive reporting in the industry: storyboards, drillable reports, one-click PDFs, and Tableau integration capabilities.

Workpaper management for banks

Lenders worldwide use ACL to quantify risk, stamp out fraud, and optimize performance

“ACL helps us get out of the subjective behavior of trying to define the work.”

Roger Scullion

VP Enterprise Risk, loanDepot

Ready to learn more?

Seven trends in enterprise risk management

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Banking whitepaper

KRI basics for financial institutions

Banking solution sheet

ACL solution for banking & lending

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