In 2019, the Senior Managers and Certification Regime is expected to come into force changing how people in financial services firms are regulated. The SMCR aims to encourage a culture of staff at all levels taking personal responsibility for their actions and ensure firms clearly understand and can demonstrate where responsibility lies.
There is no time for firms to delay! What does this mean for you? Are your client’s monies and assets safe?
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.