WordFlow is the dynamic new digital solution for future-proofing OpRisk in Insurance, banking and other financial services organisations.
Current solutions store policies, procedures, regulation, training, attestation and other documents etc.- in traditional Word/PDF formats. These require FIs to manually compare one set of PDFs with another & track relationships in Excel control documents.
In contrast, WordFlow automates the process by
- Transforming all analogue policies and regulations into digital webpages at scale
- Auto-tagging every page with topic descriptors
- Auto-identifying those processes impacted by the regulation.
- Building attestation into policy at the page level
- Providing real time reports to management