Review the change
Record the source, version and effective date, then assess relevance to the firm’s permissions, entities and activities.
Manage the work that follows a regulatory change.
Lexa keeps the source publication, applicability decision, affected controls and resulting actions together. Teams work from the same record while management reviews progress and outstanding decisions.
THE WORK YOUR TEAM MANAGES
Regulatory change
The same change may affect several products, policies, systems and reports. Circulating an update does not establish what each team needs to deliver or which dependencies could delay the response.
Applicability and interpretation require qualified review. Lexa assists with preparing and coordinating the response; authorised people approve it.
WORKING IN LEXA
How the workflow operates
Assess the impact
Identify affected controls, policies, services and systems. Review suggested relationships before adding them to the approved record.
Coordinate delivery
Assign implementation actions, record dependencies and retain the documents and decisions used to confirm completion.
RECORDS AND OUTPUTS
What the workspace maintains
- Versioned regulatory source records
- Applicability decisions and impact assessments
- Affected controls and business records
- Implementation plans and approval history
SHARED PRODUCT CAPABILITIES
Use the same records
across your reviews.
Ownership, document history, actions and approvals are shared platform capabilities. A record can support more than one regulatory workflow while retaining its original source and review history.