The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 21, 2013
Filed:
Jan. 11, 2006
Kimberly Laight, Greensboro, NC (US);
Jennifer G. Ackerman, Charlotte, NC (US);
Burl Edwin Allen, Jr., Charlotte, NC (US);
Anita W. Sabol, Huntersville, NC (US);
Dennis J. Mcinerney, Monroe, NC (US);
Janine D. Thomas, Broadbrook, CT (US);
Kimberly Laight, Greensboro, NC (US);
Jennifer G. Ackerman, Charlotte, NC (US);
Burl Edwin Allen, Jr., Charlotte, NC (US);
Anita W. Sabol, Huntersville, NC (US);
Dennis J. McInerney, Monroe, NC (US);
Janine D. Thomas, Broadbrook, CT (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
This invention provides a compliance assessment system and tool for efficiently assessing compliance programs and managing compliance program assessments across an organization. Compliance activities are measured against a group of Compliance Program Element Requirements (CPR's) that are used to assess LOB compliance programs. The CPR's define the minimum standards for the LOB's documentation and execution of its compliance program. Assessment results are documented and a compliance program assessment data sheet is developed. A rating is also provided for the status of the documentation supporting the compliance program and the effectiveness of the execution of the compliance program. From these inputs the tool of the invention automatically calculates a score representative of the adequacy and effectiveness of the compliance program. The tool also assigns a color code based at least in part on the score. Reports may be generated that can be used to determine compliance trends.