Summary
- Vixio announces the launch of Vixio Workspace, a regulatory management tool designed for compliance professionals.
- The tool provides a variety of essential features designed to assist experts in navigating complex regulatory landscapes worldwide.
- Mike Woolfrey, CEO of Vixio, expresses his enthusiasm for the new tool.
Vixio, a leading provider of regulatory intelligence solutions, has enhanced its compliance offerings by launching Vixio Workspace, a new regulatory management tool designed for compliance professionals.
The new tool is expected to benefit compliance professionals across the globe
The launch of the new tool coincides with an era of increasing complexity in regulatory compliance across global markets. Vixio Workspace enhances the company's existing RegTech platform by providing crucial regulatory insights, aiding businesses in navigating intricate regulations worldwide. Unlike other compliance solutions and SaaS software, Vixio Workspace requires no IT integration and can be immediately implemented. In a press release, Vixio stated that the new regulatory management tool aims to tackle the hurdles faced by compliance teams. By integrating regulatory intelligence with workflow capabilities, it ensures teams don't miss action items from important regulatory updates. Importantly, this high-quality regulatory management tool offers several features to enhance regulatory processes. These include precise regulatory intelligence checklists, a real-time dashboard, and task management systems that allow operators and businesses to efficiently manage and distribute tasks, helping compliance teams address various priorities. Vixio Workspace also includes an audit trail feature, eliminating the need for cumbersome email threads, as well as user management functions to enhance security and transparency. Additionally, a chat feature facilitates improved communication between compliance teams and senior management regarding compliance challenges. This list is not exhaustive, as Vixio's new regulatory management tool offers many more features.
Vixio Workspace – designed by compliance professionals for compliance professionals
The launch of Vixio Workspace occurs at a crucial moment, as 85% of compliance leaders have reported increasing complexity in compliance requirements over the past three years. Additionally, 77% of these leaders have admitted that such complexities are hindering business growth. In this context, Vixio Workspace, designed by compliance professionals for their peers, arrives at a pivotal time. Mike Woolfrey, CEO of Vixio, stated,
