ProSight Financial Association Launches New Enterprise Risk & Compliance Solution

ProSight Financial Association announced the launch of the ProSight Enterprise Risk & Compliance Solution, a truly integrated suite of cloud-based software solutions designed for small and mid-sized banks and credit unions seeking to eliminate manual, error‑prone processes and improve coordination across risk, compliance, audit, and operational functions.

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Drawing on ProSight’s 100+ years of experience serving the financial services industry through the merger of BAI and RMA, the integrated solution has been designed specifically to meet the unique needs of smaller banks and credit unions. The solution makes it easy to centralize workflows, standardize processes, and provide clear, role‑specific insights that help reduce operational and regulatory risk. Its modular design allows organizations to implement individual components at their own pace or deploy the full platform at once—enabling easier and faster adoption and more effective collaboration across departments that frequently operate independently. As a result, organizations see the return on their investment more quickly.

“ProSight is a trusted resource for industry-specific information, analytics, and solutions that help strengthen and advance organizations and the industry more broadly,” said Debbie Bianucci, President and CEO of ProSight. “The ProSight Enterprise Risk & Compliance Solution is a powerful example of how ProSight leverages our deep industry expertise to provide solutions designed specifically for banks and credit unions in their efforts to build a strong culture of risk and compliance.”

“Financial services organizations are under constant pressure to do more with less, all while navigating a complex regulatory landscape and changing customer expectations,” said Ed Marcheselli, Managing Director at ProSight. “We understand the frustration that comes from relying on manual, error-prone processes—especially for teams who aren’t compliance or risk specialists. The ProSight Enterprise Risk & Compliance Solution is designed to take that burden off staff members, making it easier for every department to work together, reduce mistakes, and deliver better outcomes for customers. At ProSight, we are committed to working with banks and credit unions to deliver meaningful innovation that’s both practical and cost-effective in addressing the real-world challenges they face every day,” Marcheselli added.

The ProSight Enterprise Risk & Compliance Solution includes seven integrated modules:

• ProSight Learning Manager – Streamlined planning, assignment, and management of training programs, including compliance, risk management, professional development, and more. ProSight Learning Manager is the industry’s leading learning management system and is used by more than 2,000 financial services organizations in the United States.
• ProSight Policy Manager – Content and workflow tools for creating, updating, communicating, and tracking organizational policies and procedures, and meeting regulatory requirements.
• ProSight Vendor Manager – Collaboration processes to manage relationships with external suppliers, contractors, and service providers in one environment.
• ProSight Enterprise Risk Manager – A system to identify, assess, monitor, and mitigate all types of risks across the enterprise.
• ProSight Business Risk Manager – A solution to understand and document the inherent risks in the products and services your organization provides.
• ProSight Audit Manager – A single, secure repository for all audit activities, documentation, and progress tracking, supporting both internal and external auditors.
• ProSight Board Manager – Tools to organize board activities, including meetings, shared documents, communications, and governance responsibilities.