Regulatory compliance is an important area for all our PBWM clients and we advise on how these changes affect processes. From on-boarding with KYC, AML, PEP and ID Verification, through to determining how regulation can be applied through automation, improving efficiency whilst retaining an excellent client experience. Implementation of regulatory change can be significant; our experts help to understand how best to sponsor these projects and provide knowledgeable resources to deliver successful change.
Keeping ahead of these changes can be both challenging and complex, with the costs being substantial. Regulators impose severe penalties for non-compliance and financial service organisations are facing an unpredictable landscape of sanctions and restrictions, both jurisdictional and personal.
We help our clients formulate strategic approaches and demonstrate measurable progress. With agile methodologies, we mitigate risk and maximise efficiency, effectiveness and improving financial returns, whilst reducing mid to long term costs through a scalable tech landscape.