Ongoing Compliance Risk Assessment Starts Here

Sometimes the annual review just isn’t enough. MCO’s Compliance Risk Manager offers continuous monitoring of policies, procedures, and controls to meet regulatory expectations.

COMPLIANCE BUILT BETTER™

Understand the impact of compliance risk. Review and assess your compliance obligations to stay current as regulatory and business needs evolve.

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Mind the gaps! Consistent assessment to identify the gaps in your compliance program and then take action to mitigate risk.

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Processes configured to meet your needs. Customize and create compliance questionnaires and assessments. Automate workflows to manage signoffs and completions.

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WHERE IS COMPLIANCE RISK EMERGING?

As regulatory developments unfold and new products or services are added to the business of your firm, your compliance team needs to update policies, procedures and controls to keep pace. KPIs and risk scoring enable you to identify potential problem areas early so you can proactively take corrective action.

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WHICH RISKS ARE THE MOST SEVERE?

Not all compliance risks are equally significant to your firm.
Set priorities for your compliance program by assessing the burden of relevant obligations, the quality of policies and procedures and the level and severity of associated risk.

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HOW HAS COMPLIANCE RISK EXPOSURE CHANGED?

Compliance risk exposure changes over time, and an annual compliance review isn’t always enough to keep up. With risk levels always shifting, our solution lets you evaluate your response to regulatory obligations on an ongoing basis.

Visualize gaps and overlaps in the firm’s policy control frameworks to identify the policies, procedures and controls in need of adjustment.

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Store scenarios in a risk register. Track related incidents and cases.

Understand risk scenarios and potential impacts for all of your compliance obligations.

Schedule audits and reviews of compliance obligations. Understand your current levels of compliance risk and prioritize future tasks.

The platform is designed to be easily customizable to fit the unique needs and policies of different organizations.

Compliance Risk Manager is part of MCO’s Know Your Obligations solution suite. KYO offers firms a structured, integrated solution that links external obligations and regulations to internal policies, procedures and controls.

Firms of all sizes choose KYO to streamline oversight of obligations and develop a complete picture of compliance assurance over time.

Review and Understand Your Compliance Obligations

With business needs and regulatory requirements constantly evolving, compliance doesn’t stand still. Compliance Risk Manager provides you with a solution to review and evaluate your compliance obligations on an ongoing basis to identify policies, procedures and controls that need adjustment. Easy-to-configure questionnaires and assessments allow you to assess the burden of each compliance obligation and the associated risk levels and policies and controls.

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AWARDS

MCO is an industry leader in compliance management software. Check out the latest industry accolades for the award-winning MyComplianceOffice platform.

AWARDS & RECOGNITIONS

Have Questions About Compliance Risk Assessment?

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Frequently Asked Questions - FAQ’s

Compliance risk management involves identifying, assessing, monitoring, and mitigating risks arising from regulatory requirements, internal policies, and business activities. A strong compliance risk framework helps organizations reduce exposure to regulatory, operational, and reputational issues.

MCO provides tools for risk identification, scoring, assessments, documentation, and reporting. Compliance teams can evaluate risks consistently, prioritize mitigation efforts, and maintain visibility into changing risk exposures across the organization.

Yes. MCO automates assessment workflows, approvals, reminders, reporting, and remediation tracking. This reduces administrative effort while helping organizations maintain a structured and repeatable risk management process.

MCO enables ongoing monitoring of identified risks and tracks remediation activities through configurable workflows and reporting. Compliance teams can monitor progress, assign accountability, and ensure corrective actions are completed effectively.

MCO centralizes risk information, assessments, action plans, and reporting, creating greater transparency and accountability. This helps organizations strengthen governance and make more informed compliance decisions.

Automation improves consistency, enhances visibility, reduces manual effort, and supports more proactive risk management. MCO helps organizations identify and address compliance risks before they develop into larger regulatory concerns.

Organizations benefit from stronger employee oversight, automated compliance processes, improved audit readiness, and reduced administrative burden. The solution helps compliance teams identify risks sooner, enforce policies more consistently, and create a more efficient compliance management framework.