Financial Services compliance. With increasing regulatory oversight and customer awareness, it is vital that compliance processes are rigorous and transparent and demonstrably working. A scalable system which allows and enforces accountability without being unduly onerous is essential and provided by IPROS Assured Compliance

1. Improving visible control,
Reducing Risk
Compliance. Performance. Insight.

2. The problem with Compliance
Compliance is a necessity, but why can’t it be certain?
Imagine if…
….you could get a view of risks and compliance trends
across your business at any time
….your managers could focus on key issues – all the time
You have a system in place: Reports. Spreadsheets. Faith.
But can you see where you are at risk? What’s being done?
Could you check that now? Right now?
Can you be totally confident your controls are working?
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

3. What do many people do now?
Lots of data
No information
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

4. An Inspector Calls……..
• Regulatory environment is
placing more demands on
sales operations.
• Massive increase in oversight
over the past 3 years.
• Aggressive new regulators in
the FCA and elsewhere.
• Margins have come under
pressure with lower fees and
higher costs.
• Compensation can be
multiple times fines.
• Share prices under pressure
from reputation damage
• Everybody gets fired
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

5. Assured Compliance – keep it simple
Compliance
Schedule
System
email
Service Managers
& Customers
Single reporting
structure
Operating Units
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

6. Visible Risk Management
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

7. View across business units
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

8. Cross-organisation View
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

9. Rigorous Actions Management
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

10. Service & Organisation Performance
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

11. Deployment Approach
2 hours
Initiation
4 to 6 weeks from
start
• Pilot service fully
operational
• Rollout phase
Value
Review
1 to 2 weeks
• ‘soft’ launch
• Pilot phase
• Validate
• Tweak process
& content
Live Test
• Summary of objectives
• Content scope
Solution
Definition
Iterative
Build
1-2 days
•
•
•
•
Build level 1 content
Key project plan
Rollout schedule
Training plan
1 to 2 weeks
• Build & test content
• Train key users
• Complete initial content
• Tailored to fit
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

12. Key Benefits
Highlight and manage areas of risk
Transparency of all activity within each line of business
Track actions right across the organisation
Reducing cost of sales – self-audit at customer contact
No paper mountain but a clear audit trail everywhere
Customise to fit business processes in a few days
Rapid Deployment, Immediate Benefits
Industrial Strength, low cost, scalable
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material

13. Contact
info@iproscube.com
T: +44 1483 688 000 M: 07979 598742
IPROS CUBE Ltd.
Surrey Technology Centre,
Surrey Research Park,
40 Occam Road, Guildford
Surrey, GU2 7YG U.K.
www.iproscube.com
Copyright 2011-2013 IPROS Cube Confidential & Proprietary material