Firm profile and applicability
Record legal entities, permissions, business activities and responsible teams. Retain the rationale for including or excluding a requirement.
One record of your requirements, controls and decisions.
Lexa connects the work of Compliance, Risk, Operations and Technology. Each team maintains its own responsibilities while working from the same underlying records.
Follow a requirement
through the business.
Start with the source and the firm’s applicability decision. Follow it to the relevant controls, documents, owners and reviews. Outstanding work stays attached to the issue it is intended to resolve.
Requirement
Source, version and applicability
Control
Process, system and owner
Supporting records
Documents, tests and review dates
Decision
Reviewer, outcome and history
Action
Owner, due date and closure
Records can be shared across several obligations, services and legal entities without duplicating the original.
CORE CAPABILITIES
Manage the complete review process.
Regulatory source management
Maintain source references, publication versions and effective dates. Review changes against the firm’s existing controls and records.
Control management
Assign owners, document how controls operate and link policies, systems, testing and review schedules.
Document and evidence management
Link supporting records with source, version, ownership and review information. Identify missing, expired or unreviewed material.
Actions and remediation
Manage findings, responsibilities, dependencies and due dates. Record the basis on which work is accepted as complete.
Reviews and reporting
Prepare source-linked reports, record reviewer comments and retain the approved position alongside its history.
PRODUCT WALKTHROUGH
Inspect the work behind a report.
Lexa AIILLUSTRATIVE WORKSPACE
Review the impact before assigning the work.
The source, applicability decision and proposed actions stay together. A reviewer approves the assessment before it becomes part of the firm’s record.
| Requirement / record | Owner | Review position |
|---|---|---|
| Third-party information review | Compliance | Impact assessment |
| Supplier register update | Procurement | Action assigned |
| Reporting field changes | Technology | Awaiting review |
Related records
Supplier register · Outsourcing policy · Reporting procedure
Fictional records shown to explain the product workflow.
DAY-TO-DAY USE
A role for each team.
Compliance and Risk
Review applicability, maintain the control framework and prepare assessments for management.
Operations and Technology
Maintain the records you own, respond to requests and complete assigned changes.
Management and reviewers
Examine findings and limitations, approve decisions and track work that remains outstanding.