15th May 2006. TietoEnator Financial Solutions UK has appointed Julia Hughes as Senior Compliance Consultant. This newly-created position underlines the emphasis that the organisation continues to place on understanding the complexity of new legislation, future-proofing software developments and ensuring that its customers are able to achieve compliance in time for the appropriate deadlines. Julia Hughes has been appointed from within the TietoEnator organisation and brings with her over 20 years experience within the Financial Services sector.
MCOB compliance in 2005 and the pending Consumer Credit Bill has brought the complexity of legislative changes to the top of many business agendas – and highlighted how much each individual operation’s interpretation of the legislation can vary. After the acquisition of AttentiV Systems in 2005 TietoEnator has recognised that an essential co-ordination role was required to evaluate legislative changes early, agree with customers how the changes would affect their business and determine the system changes needed to support these customers in achieving compliance.
Commenting on the role, Julia Hughes said, “Keeping pace with compliance is a major headache for our customers with the constant battery of legislative changes within Financial Services. My role will be to ensure that TietoEnator and its customers are aware of the planned changes, to allow us all sufficient time to implement the changes, test the systems and processes and ensure that customers are able to achieve compliance well before the appropriate deadlines.”
Linda Fisher, Managing Director, TietoEnator Financial Solutions UK comments, "I’m delighted to announce Julia’s appointment and our continued focus on delivering excellent business value to our customers. Investing in people with considerable industry experience puts us in a prime position to help advise businesses on their exposure to legislative changes - and the most efficient way to fulfil their compliance obligations.”