Client Assurance Portal Software
Client Assurance Portal Software
A seamless control environment between you, your outsourced providers and any sub-contractors for genuine oversight.
Over the years we’ve seen regulators around the world focusing on outsourced and third-party arrangements. Current efforts to build a more resilient financial services sector continue this theme both in the UK and overseas. Firms need to remain responsible for compliance with all regulatory demands even where an outsourcing relationship is in place.
Ruleguard for Third Party Oversight takes the core benefit of the Ruleguard platform – powerful rules-mapping and evidencing – and uses it to bridge the gap between a firm and the third parties that it works with. With Ruleguard solution, firms can document, understand, and measure various aspects of the relationships they have in place with ease and transparency.
Solution Features
With Ruleguard, firms can document, understand, and measure various aspects of the relationships they have in place with ease and transparency. Key features include the following:
-
Selectively share any information maintained within the Ruleguard system
-
Control and process documentation, along with all relevant mapping links to rules and regulatory frameworks, can be provided at the touch of a button
-
As information changes over time, differences are automatically highlighted to ensure that up-to-date records are being maintained
-
Map received information into your own data, letting you incorporate third party regulatory information into your own risk or monitoring frameworks. For example, you can generate and automatically maintain compliance documents that reference third party controls – clearly labelled with the provider that operates them – within your account.
-
Radically transform the third-party oversight capabilities of a compliance function and allow it to extend best practice beyond the borders of the firm