CORAL™ Compliance Matrix is a centralized management system that ensures consistent conformity to regulatory requirements by banks, insurance and financial institutions. The framework gives an outline of compliance in the organization to guarantee that every division abides by any new guidelines from the regulators. It then gives a review of the compliance progress and steps taken by each department. This allows for easy tracking and up-to-date monitoring of alignment with regulatory authorities.

Key processes:
⦁ New regulations
⦁ Assign regulations to respective departments
⦁ Perform gap analysis
⦁ Review initialization periodically