Clover ARC

Application for Regulatory Communications

Ensure Seamless Communication with Regulators and strict adherence to Compliance.

Regulatory Challenges

Do you think seamless communication with the Regulator is important and critical?

Do you have a mechanism to ensure seamless internal co-ordination to address requirements sent to you by the regulator?

Do you find it challenging to map and track regulator requests and responses?

Do you have a version control on such requests and responses?

Are you able to quickly access historic data on requests and responses?

Do you want a single portal for all your regulatory communications and engagement?

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If yes, then Clover ARC is the answer!

Clover ARC

Clover ARC is a regulatory communication portal to enable seamless communication between the regulator and business compliance drivers to address regulatory queries faster.

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Ensure loss-less communication

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Features

Communication

Users from bank and Regulator can connect, resolve queries seamlessly

User & Role Management

Add, delete, and define users on both sides, and assign rights as required

Requests

Indent Requests can be raised and assigned to internal teams

Responses

Internal teams can share responses with a maker-checker approval

Notifications

Alerts and reminders based on user actions to respective users

Data Archive

Access to historic data on indents with custom search and filters

Enabling Effortless Compliance

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Value

  • Address regulatory queries faster and save bandwidth
  • Increase workforce productivity by reducing communication gap, and redundant follow-ups
  • Map, track and close out regulatory requests and responses faster
  • Ensure compliance adherence with quick turn-around time
  • Easy access to data for quick insights for faster decision-making
  • Enable the physical interaction with regulators to be less strenuous as the communication is seamless and swift
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