Risk management and compliance

Sophisticated regulatory and compliance-driven solutions

A major proportion of IT budgets in banks is consumed by regulatory projects. Constantly changing regulatory and legal requirements mean that banks must be ready to comply with the new rules as they emerge. The key is thus to implement change as cost effectively as possible and guarantee project timescales are met in tune with the legislative agenda.

This demands an in-depth knowledge not just of the regulatory landscape itself but of the impact of change on the bank’s systems. With 40 years’ banking experience, including a significant amount of regulatory compliance work in areas such as Basel and MIFID, we help our banking clients to introduce comprehensive compliance strategies. We also draw on our considerable technology expertise to build solutions that not only comply with the current rules, but have built-in flexibility to seamlessly encompass new regulations.

The compliance strategies we develop provide additional benefits in terms of reducing costs and increasing efficiencies through higher process quality and increased fraud/corruption detection.

While we’re ‘catching the compliance’ of some of Europe’s best-known banks, we’re also providing IT services to the Financial Services Authority – supporting the people driving the compliance. Our ambition is to become the leading business and IT partner for current and future EU regulatory and legal changes in Europe.