For US Community + Regional Banks + Credit Unions
Community and regional banks face the same regulatory stack as money-center banks with a fraction of the team. FFIEC IT examinations. NYDFS Part 500 for NY-licensed institutions. GLBA Safeguards 2024 amendments. BSA/AML and OFAC sanctions screening. RiskWatch handles all of it as one survey-based assessment platform sized for lean compliance teams.
Trusted by US banks + credit unions managing FFIEC, NYDFS, GLBA, BSA/AML programs across community, regional, federal-charter, and state-chartered institutions.
Why Bank Compliance Teams Pick RiskWatch
RiskWatch runs FFIEC IT examination, NYDFS Part 500, GLBA Safeguards, BSA/AML, and OCC/FDIC heightened standards as one workflow on one platform, scored against the same controls library, and tracked through a single examiner-ready evidence trail. Built for community and regional banks where one compliance officer covers four regulators and four audit cycles a year, without enterprise-bank GRC overhead.
FFIEC CAT scored quarterly with management response captured. IT examination evidence vault always current. No 6-week scramble before the examiner arrives.
KYC, CDD, EDD, SAR/CTR workflows integrated with cyber + privacy controls. OFAC sanctions screening evidence captured. FinCEN reporting templates built in.
One compliance officer, four regulators. Pre-built libraries cut prep time. White-glove implementation in 30 days, not 6 months.
The Banking Regulatory Landscape
FFIEC IT examinations cite the same control gaps cycle after cycle. The May 2024 GLBA Safeguards amendments added a 30-day FTC notification clock. BSA/AML enforcement actions averaged $1.2B in 2024. NYDFS Part 500 §500.17 carries personal liability for the CISO + CEO joint cert. Each regulator wants its own evidence package.
Three Domains, One Platform
RiskWatch covers all three. Each domain has a dedicated workflow, scoring model, and remediation queue. They share data so a single access-review event satisfies FFIEC IAM, NYDFS §500.7, GLBA §314.4, and SOX 404 ITGC simultaneously.
Survey-based risk assessment across credit, operational, IT, model, and concentration risk, scored against FFIEC + OCC Heightened Standards.
FFIEC IT examination, NYDFS Part 500, GLBA Safeguards, BSA/AML, OFAC, FDIC Part 364 in one cross-mapped library.
Bank cybersecurity controls + financial crime monitoring + fraud risk aligned to NIST CSF 2.0 + FFIEC CAT + BSA/AML.
The Coverage Gap
Banking GRC platforms cover FFIEC + GLBA. AML transaction-monitoring vendors cover BSA. Specialty NYDFS tools cover that. Internal-audit tools cover SOX. Each does one job. Community and regional bank compliance teams still operate four parallel programs.
| Platform Category | FFIEC IT | NYDFS 500 | GLBA | BSA/AML | OCC/FDIC | Multi-state |
|---|---|---|---|---|---|---|
| Banking GRC PlatformsDiligent, MetricStream | Yes | Partial | Yes | · | Partial | Partial |
| AML Transaction MonitoringNICE Actimize, Verafin | · | · | · | Yes | · | · |
| NYDFS Specialty ToolsNY-licensed FI vendors | · | Yes | · | · | · | · |
| Internal Audit ToolsWorkiva, AuditBoard | Partial | Partial | · | · | Partial | · |
| FFIEC CAT SpecialtyCAT-only assessors | Yes | · | · | · | · | · |
| Spreadsheets & Email | · | · | · | · | · | · |
| RiskWatchThe unified examiner-ready platform | Yes | Yes | Yes | Yes | Yes | Yes |
RiskWatch is the only platform covering all six banking compliance domains: FFIEC IT, NYDFS Part 500, GLBA, BSA/AML, OCC/FDIC, and multi-state consumer privacy. Banking GRC platforms cover FFIEC + GLBA. AML transaction monitoring covers BSA. Specialty NYDFS tools cover that one. Each does one job. RiskWatch unifies all six in one survey-based assessment workflow.
How It Works
RiskWatch is a survey-based assessment platform. The work is structured around questionnaires that capture cybersecurity, BSA/AML, privacy, and operational-risk evidence in a consistent format, then scored against every framework you align to.
For banks, that workflow runs continuously across FFIEC IT exam, NYDFS Part 500, GLBA Safeguards, BSA/AML, and OCC/FDIC examination cycles. A single access-review record scores against §500.7, FFIEC IAM, GLBA §314.4, and SOX 404 ITGC simultaneously. A single suspicious-activity event triggers SAR review, OFAC screen, and BSA/AML reporting.
The same platform runs all of it, surfaces gaps before examiner arrival, assigns remediation owners, and tracks completion. Replace the four parallel tools and the spreadsheet bridge between them.
Built For Your Role
Owns FFIEC CAT, NYDFS §500.17 cert, ransomware defense, and the IT-side of GLBA Safeguards.
FFIEC CAT continuous scoring. §500.17 dual cert evidence captured year-round. Examiner walks in to a current package.Owns regulatory exam calendar, GLBA WISP, multi-state consumer privacy, and CRA documentation.
FFIEC + NYDFS + GLBA + state laws on one library. WISP review cycle as a workflow. CRA evidence in the same vault.Owns BSA program, KYC/CDD/EDD, OFAC sanctions screening, and SAR/CTR filing.
BSA/AML overlay on the same controls library. OFAC screen evidence captured per transaction class. FinCEN reports auto-generated.Owns FFIEC examination response, internal control testing, and audit committee reporting.
Examination-response packages built from the same evidence as the cyber + AML programs. No tool bridge.Owns enterprise risk register, OCC Heightened Standards risk appetite, and board reporting.
Credit + operational + IT + 3rd-party + concentration risk in one register. Board rollup builds itself.Owns NCUA examination, credit union service org (CUSO) oversight, and member-authentication risk.
NCUA examination prep on the same library as FFIEC. CUSO + 3rd-party register integrated.Built For Your Segment
FFIEC examination readiness, GLBA Safeguards, BSA/AML overlay, CRA documentation, sized for lean compliance teams without enterprise overhead.
Multi-state programs spanning FFIEC + state DFS regulations, OCC/FDIC exam prep, and the 13+ state consumer privacy law expansion.
NCUA examination readiness, GLBA Safeguards, BSA/AML, CUSO oversight, and member-authentication controls, covering CDFI + state-chartered + federal-charter.
Full multi-regulator stack: NYDFS Part 500, OCC Heightened Standards, FFIEC, GLBA, SOX 404 ICFR, BSA/AML, see the Financial Services page for enterprise overlap.
BaaS partnerships, state money transmission, OCC fintech regulation, GLBA Safeguards for cloud-native institutions, and SOC 2 + ISO 27001 for technology stack.
OCC + state trust regulation, fiduciary risk, NYDFS Part 500 for NY-domiciled trust companies, and BSA/AML private-banking enhanced due diligence.
Standards & Frameworks
Generic GRC tools were built for office IT. RiskWatch was built for the FFIEC examination, the NYDFS dual cert, and the BSA/AML overlay every bank carries.
Trusted across US banks + credit unions
We're a 14-branch community bank with one full-time compliance officer covering FFIEC, GLBA, BSA/AML, and our state DFS. Before RiskWatch, exam prep ate six weeks every cycle. Now the FFIEC CAT runs continuously and we walked into the last exam with the package already current. The examiner mentioned the audit trail was the cleanest she'd seen.
Free Resources
See It In Action
Most demos run 15 minutes. Bring a recent FFIEC examination response, a recent SAR review, or a recent §500.17 cert. We will show you how RiskWatch would have surfaced the gap, scored the exposure, and tracked the remediation across every regulator at once.
Or call US: +1 (XXX) XXX-XXXX
