The FRC Assurance Standard covers the work that auditors need to undertake when reporting to the FCA on the compliance by financial services firms with the FCA’s CASS rules. The FCA expect better recordkeeping and record retention to prove controls are in place, operating effectively and that clients are indeed protected.
But what does that mean for your firm? Watch our latest 60 second video to find out!
About AutoRek
AutoRek is a global provider of financial controls, data management and regulatory reporting software.
Implemented in many of the world’s largest organisations, our range of deployments vary from high volume data migrations, elimination of manual processes and spreadsheets, regulatory reporting, reduction in fast close processes, to mitigation of operational and regulatory risk.
Key business benefits from implementing AutoRek include:
• Mitigating risk of regulatory breaches;
• Real time insight into status and exposure;
• Reduced dependency on manual processing;
• Single repository for control frameworks and data management;
• Automated workflow for governance and audit;
• Efficient electronic sign off and record retention; and
• Adaptability to meet new regulatory requirements.
Our solutions are purpose-built to improve the quality and efficiency of financial data management, from cost reduction and process efficiency projects, to improving adherence to regulatory reporting requirements.