by Michael Cohen | Oct 18, 2023
LexAlign modules are charged separately and not until implementation is complete. If RDC is implemented first, the Security module is not charged until it has completed its own implementation process.
by Michael Cohen | Oct 18, 2023
If the bank is primarily focused on RDC, they should launch the LexAlign Diagnostic for RDC first. We suggest launching the LexAlign Diagnostic for Security for each Cohort a minimum of 6 weeks after RDC. If the bank is primarily focused on ACH customers, they would...
by Michael Cohen | Oct 16, 2023
Cohorts launch based on their defined communication schedule independent of the Cohort number.
by Michael Cohen | Oct 16, 2023
LexAlign Diagnostics are based on regulatory guidance and industry expertise. This is hard for customers to do themselves because the information is multi-sourced, and it is hard to know if you’ve found all of the important components.
by Michael Cohen | Oct 16, 2023
The typical implementation process for the first LexAlign Diagnostic is 6-8 weeks. The actual length can vary greatly depending on how quickly the bank can complete the prerequisites. Each LexAlign Diagnostic has its own implementation process. LexAlign Diagnostics...
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