At the heart of an effective compliance framework lies a robust, fully integrated monitoring system. It’s the essential engine that ensures adherence to the rules and mitigates potential breaches. This is in stark contrast to traditional, manual monitoring processes, which are often inefficient and overwhelmingly rely on spreadsheets and fragmented emails. Our enhanced Compliance Monitoring module empowers financial institutions to conquer these challenges and take control.
What’s new: Following customer feedback and industry analysis, our Compliance Monitoring module has been significantly enhanced to deliver a new standard of insights and control. Here’s what it can do:
- Risk-based programme deployment: Build and deploy a comprehensive risk-based compliance monitoring programme with ease – all tailored to your organisation’s unique profile.
- Intuitive interface: Seamlessly navigate our most intuitive interface ever, built with your user experience in mind. Take remedial actions quickly, assigning tasks as necessary across your organisation.
- Superior reporting capabilities: Spot overdue actions, pinpoint specific problem areas within your compliance framework and gain an accessible and clear overview of all your critical tasks and controls. Say goodbye to scattered data and hello to instant, actionable insights.
- Forward view of activities: Allow authorised users to quickly view projected activities for the months and years ahead with this brand new feature.
- Customisable dashboards: Create personalised dashboards with selected widgets and set your preferred dashboard as the default landing page. Look out for new widgets planned in future updates, and the ability to share dashboards with teams or groups for tailored, role-specific insights.
How it benefits you: Updates to our Compliance Monitoring module represent a step-change in our capabilities, empowering your Head of Compliance to confidently manage current and future regulatory risk.
Thanks to significant investment by My Compliance Centre, this module now has the ability to transform what can be a fragmented process into a streamlined, highly visible operation.
Simultaneously, it provides Chief Risk Officers, Non-Executive Directors and even the Board with clear, real-time insights into your organisation’s precise level of risk.
This enhanced transparency supports better decision-making at every level, contributing to a culture of accountability and proactive risk management that will safeguard your business.
Discover how Smarter Compliance Monitoring can deliver the clarity and confidence your organisation deserves, ensuring your compliance efforts are not only effective but also demonstrably controlled and continuously improving. Please contact Jenny Kenlin, Head of Customer Engagement, for more information:
T: +44 (0)20 4583 2049
E: jenny.kenlin@mycompliancecentre.emhdevelopment.com