Thomson Reuters Common Control Package

The Thomson Reuters Common Control Package is a software solution developed by Thomson Reuters. It is designed to help financial institutions effectively manage and mitigate risks related to compliance by providing a centralized platform for monitoring and analyzing key controls.

• The software is equipped with state-of-the-art analysis tools and reports that enable institutions to identify control issues and devise strategies for resolving them.
• It offers customized checklists and workflows that streamline the assessment process and allow firms to demonstrate compliance with financial regulations.
• The Thomson Reuters Common Control Package also incorporates a library of pre-built controls that can be adapted to specific business requirements, saving time and resources.

In addition, the solution offers a flexible user interface, advanced analytics capabilities, and real-time monitoring features that enable users to quickly identify emerging risks and take proactive measures to address them. The software can be deployed on-premises or in the cloud, making it accessible to organizations of all sizes in various industries.

The Thomson Reuters Common Control Package is an effective tool for enhancing compliance functions within financial institutions and mitigating operational risk that may arise due to non-compliance with regulatory requirements.