Award winning Accountability and compliance solutions

‘Best Solution Provider SM&CR’ – 2016 & 2017
‘Best Compliance Software’ – 2018

Redland’s technology enables financial services businesses to comply with the evolving needs of people and process regulation.

Our customers select Redland technology to help them deliver:

  • Efficient and effective management of the Individual Accountability Regime.
  • A systematic and evidential approach to Training & Competency.
  • Streamlined and consistent Business Processes and Quality Checking.
  • Comprehensive and timely Performance Oversight of KPIs

 

Our regulatory software is used by some of the biggest names in financial services. They trust our proven solutions to help them achieve compliance and reduced risk in a scalable and cost-efficient manner.

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solutions

Accountability Regime

  • Senior Managers Regime – MRM, SORs, committees
  • Certification Regime – Annual FIT attestation workflow
  • Conduct Rules – Breach Management & Reporting

Competency Management

  • Comprehensive Training & Competency solution
  • Continual Professional Development under RDR and IDD
  • Integrated testing

Performance Oversight

  • Tiered reporting based on your organisation structure
  • RAG dashboards
  • Highlight trends and identify risks

Quality

  • Risk based approach to business quality checking rules
  • Complaints and financial promotions management
  • Remuneration regulations

Typical compliance challenges


“Under SMR we are constantly changing our Map and Statement of Responsibilities – a system that provides version control and a full audit trail are really important to us”

“Conducting the annual FIT certification for an organisation of our size would prove almost impossible without a workflow system to automate the process”

“In order to certify staff as FIT you need to be able to evidence their Competency – we need a system to replace all of our spreadsheets and paper files ”

The regulatory landscape


Our perspective

Regulatory compliance is a major challenge as firms seek to rationalise a host of legal and operational requirements. The advent of the Accountability Regime and MIFID II has also increased the internal focus on how best to meet current and future legislation most effectively.

The answer is to establish a single platform within which the various elements of Accountability, Certification, classic T&C, and various Risk & Quality frameworks can be rationalised. This single technology platform delivers process efficiency, mitigates conduct risk and helps meet ever changing compliance requirements.

Compliance calendar

5 October 2018
Consultation on the Directory – The FCA are proposing a Directory that will display both FCA approved and firm-certified staff

10 December 2018
Rules for extending the SM&CR to insurers commences

9 December 2019
Rules for extending the SM&CR to solo-regulated firms commences

“WORKING WITH REDLAND WAS VERY POSITIVE AND THEY CONSISTENTLY DEMONSTRATED THEIR UNDERSTANDING OF THE REQUIREMENTS OF THE REGIME AND HOW TO SOLVE THE BUSINESS PROBLEMS THAT IT CREATED.”

Our clients

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