Enterprise Governance, Risk and Compliance
“ComplySoft is a management focused decision”
The decision to manage compliance has been imposed by legislation, and is typically a board decision delegated to management to execute. ComplySoft, a service centred company, provides solutions that are geared to achieving this compliance control effectively. The solutions are a combination of services and technology which provide a business solution to the compliance management issue, removing the need for costly IT investment.
Using ComplySoft’s Enterprise Governance, Risk and Compliance (GRC) solution means the enterprise is able to analyse the applicable compliance clauses, determine the risk profile to these legislations and then determine control and audit procedures and regularly run detailed reporting. This process clearly illustrates the key impact and risk areas - thereby enabling management to easily determine and prioritise the cost and reputational risks that need to be addressed.
The group reporting power of the system allows for high level, concise and focused reporting for executives and the board as well as detailed operational reports for the Compliance Risk Officer and his staff.
ComplySoft provides the legislations individually and each one can be easily downloaded and synchronised for updates, for example:
- The most commonly used UK Acts – such as the new Companies Act 2006
- The FSA Handbook
- Industry Guidelines – such as KYC or TCF
- Legislation updates – for all coded legislation
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ComplySoft’s Enterprise Governance, Risk and Compliance Solution is a comprehensive application built on Microsoft Technology which makes it simple to use and familiar for existing Microsoft users – meaning your organisation can instantly manage its compliance and increase its competitive edge without any IT infrastructure changes being necessary.