The solution will be implemented initially within Admiral Insurance Company Limited before being rolled-out to other group companies next year. In total, the Redland solution will be deployed to 6,500 Admiral staff who will be subject to Conduct rules.
Richard Miles Thorne, Head of HR Governance, Admiral commented; “We continue to invest in the best people and the best technology to support our business in delivering the right outcomes for our customers and staff. After a thorough review of the SM&CR technology market, we chose Redland for their proven solution and their ability to deliver to our regulatory and compliance objectives”
Gary Muchmore. Chief Executive, Redland, commented: “Admiral’s decision to select Redland shows again that we continue to be the trusted compliance technology partner for the financial services industry. We now have over 100 legal entities and 650 senior managers who will be using our SM&CR solution to ensure they comply with the new Individual Accountability regulation.
We focus exclusively on providing compliance solutions for the financial services organisations. Formed in 2001, our business combines proven technology and a profound understanding of the regulatory landscape. We provide an integrated Accountability software solution for the Senior Managers & Certification Regime (SM&CR), Conduct Recording & Breach Management and Training & Competency (T&C).
Trusted by some of the biggest names in financial services, our award-winning software is relied upon to enable all relevant regulatory requirements to be met, helping organisations raise standards and protecting them, and their staff, against non-compliance and regulatory fines.
By Redland from Redland Business Solutions
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