Communica Compliance Engine

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Overview

Communica Compliance Engine supports managers, service providers and other financial organisations in managing all types of compliance processes and in particular, multi-jurisdictional Regulatory Compliance and entity data management.

One of the key challenges associated with remaining compliant, is the capturing of client or investor-related data once, so that it can be used in multiple processes to cover multiple regulatory requirements and jurisdictions as and when required, be that for FATCA, KYC, AIFMD, MIFID or any of the myriad regulatory compliance initiatives around the globe.

Key Features

The Communica Compliance Engine enables your organisation to:

• Specify and design their own regulatory compliance processes, tailored to their organisation’s individual requirements,

• Capture all the relevant and required information pertaining to potential and actual clients and investors, for each regulatory jurisdiction.

• Re-use data captured as part of one process –such as name, jurisdiction or “passport approved” status – and use it to fulfil additional related processes, thereby saving time, effort and data input errors.

Communica Compliance Engine supports managers, service providers and other financial organisations in managing all types of compliance processes and in particular, multi-jurisdictional Regulatory Compliance and entity data management. Processes can be designed as jurisdictioncentric or regulation-centric, or a combination of both and as the library of sample process templates grows over time, appropriate templates can be selected and modified by you, to suit your precise organisational needs. Communica Compliance Engine supports data capture for a wide range of regulatory and internal compliance requirements including KYC, AIFMD, FATCA and MIFID. Crucially this enables your organisation to put in place a robust audit trail, with immediately verifiable evidence of what was done by whom and when, as defined by the organisation’s compliance team. Compliance and Risk Officers are able to view progress in real time if required, which adds a further safeguard to everyday business processes. The output from the client-facing team is then “Compliance Officer”-friendly reports covering all activities and all applicable clients or investors, at the touch of a button. Communica Compliance Engine can be integrated with other third party systems – from which it can import or export data as required. The decision by the compliance team can be recorded against the company record held within your CRM, which can then automatically control the distribution of marketing material to each client or investor.

Key Benefits

All your processes

All your evidence

Auditable and in one place