Regulatory Compliance Platform
The client is an insurance services provider offering a digital platform for FCA-approved and global insurance intermediaries to help them streamline their compliance processes, cut costs, and facilitate business dealings between counterparties.
- Integration with FCA, Companies House, and HM Treasury for regulatory compliance process automation.
- TOBA template issuance and management.
- Service contract preparation automation speeds up the onboarding process.
- Databases with key regulatory, financial and corporate information on market intermediaries are updated automatically.
- Accurate reporting on existing broker ecosystems and efficient monitoring of updates that can affect due diligence statements.
- Smooth regulatory reporting and due diligence for insurance companies.
- Single place for unified reports that are compliant with authorities’ requirements.
- Integration and maintenance costs optimized by cloud-based infrastructure.