There has been an astounding 645 regulatory updates in the last five years alone. Compliance costs are depleting credit union resources. As Gartner pointed out, the entire industry will be destroyed if it can't cope with the rising cost and burden of regulations.
LEVERAGE, in partnership with Continuity Control, offers ComplyTrac, the only complete compliance execution platform exclusively offered to credit unions. This is a completely new way for credit unions to manage the compliance burden!
The regulatory compliance process has been standardized and housed in one easy-to-manage system. The platform was built specifically with the rate-of-change in mind, so credit unions can efficiently keep up with Washington, because solving one change at a time simply doesn't work.
Gone are the days of missing a new regulation or rule. Controlling compliance costs is no longer wishful thinking. With day-to-day compliance being managed by the platform, pertinent regulatory updates are distributed as they occur. ComplyTrac clients are able to save time, lower risk, and focus on serving members.
Change doesn't have to be scary. For more information or to request a demonstration, email
Compliance Requirements on a Single Platform
Credit unions see reduction in costs, productivity in task performance, an increased efficiency in the compliance regulation process, and elimination of the risk of unforeseen expenses to regulatory changes.
“We chose LEVERAGE’s automated compliance solution because it kept us up-to-date on changes to existing regulations, as well as newly-released ones to act on only those changes that affect our specific policies and procedures.”
VP of Administrative Services Jefferson CU
CU Saves Time and Reduces Risk
LEVERAGE, powered by ComplyTrac, understands the value and importance of compliance. No matter the size of the credit union, all want to do it right the first time and reduce unnecessary expenses and risk, while still providing excellent service to their members.