Regulatory Audits as a Service (RAaaS)
Our patented* RAaaS model offers a unique approach to auditing and reduces the time, cost, and pressure to your teams.
By combining traditional techniques with digital behavioural dynamics, RAaaS delivers added insight to help you drive change and improvement giving you digital tools and algorithms to see where the key issues are allowing your teams to 'do the right things' as well as 'doing things right'.
Our unique approach takes the stress and uncertainty out of audits, it provides a non-bias, scalable, consistent solution ensuring you always remain aligned to the regulatory requirements and FCA principles.
Meeting the specific needs of Agents and Distributors working with a principle EMI, each audit is measured against current EMI regulations and the FCA principles-based regulatory risk management framework.
* Patent No 20060206287
Dormant Funds Administration
We specialise in Dormant Funds Administration, so you don't have to.
If you have EMI pre-paid card 'breakages' or dormant funds on EMI payment accounts we can substantially reduce your risk.
Outsource the administrative burden of dormant funds to us. You retain the Client Funds under your own EMI licence, we take the administrative burden off you and allow your team to focus on higher-priority activities.
Most EMIs that have Dormant Funds, or card breakages manage these badly and risk falling foul of new Consumer Duty regulations.
EMI Dormant Funds and card breakages carry serious risks in wind-down planning and particularly serious risks in a wind-down scenario.
Interim Management
Finding the right skill set for your growing team can be a challenge.
When you are growing we can support you with a 'fractional role' - giving you access to senior people on a part-time basis as you grow.
Sometimes people leave at short notice in mandatory roles. We have a network of experienced Finance, Fincrime, MLROs, Compliance, and Operations interims who can provide the senior skills your business needs at short notice, whilst you take the time to recruit your ideal candidate for the permanent role.