Businesses that stand still don’t fare well in this era of relentless modernisation. That’s the lesson of brands like Blockbuster and Blackberry. And it’s one we heed at My Compliance Centre. Our platform is continually evolving to ensure our clients stay one-step ahead of regulatory change. Some great examples of that come in the form of recent enhancements to some of our most popular modules: Regulatory Change Management, Compliance Monitoring and Register Vault. Take a look below.
Proactive regulatory change management: stay ahead of the curve
Keeping pace with ever-shifting regulatory landscapes is a formidable challenge, but it’s a challenge our re-launched Regulatory Change Management (RCM) module is built to help you overcome.
What’s new: Thanks to significant investment and development, RCM now features cutting-edge automated data feeds, which intelligently remove the pain of manually tracking every regulatory update. All essential updates arrive directly in your system, empowering you to process what’s relevant and meticulously record your corresponding actions in a timely way. What’s more, we’re integrating advanced AI into RCM to provide accurate and fast summaries of dense consultation papers and help you pinpoint which updates matter to you.
How it benefits you: This module doesn’t just help you react; it enables you to prove you’re actively managing future regulatory risks. This could include developing a decisive action plan for any changes and demonstrating full control to stakeholders like the FCA or your head office. Think of it as your must-have early warning system.
Read more here
Smarter compliance monitoring: take control of your risks
At the heart of effective compliance frameworks lies robust monitoring, and our enhanced Compliance Monitoring module delivers just that. With this updated module, it’s easy to build and deploy a strategic risk-based compliance monitoring programme.
What’s new: As a result of customer feedback and industry analysis, the interface is now more intuitive than ever. It offers superior reporting capabilities that make it easy to spot overdue actions, pinpoint specific problem areas and gain a crystal-clear overview of all your critical tasks and controls at a glance.
How it benefits you: This isn’t just an update; it’s a strategic advantage. It fully empowers your Head of Compliance to actively and effectively manage current regulatory risks, whilst simultaneously providing Chief Risk Officers, Non-Executive Directors and even the Board with clear, real-time insights into your risk posture.
More information is available here
Master your records: take control with Register Vault
Register Vault is a powerful module that empowers you to seamlessly build and centralise all your critical registers.
What’s new: The user interface for Register Templates allows you to set granular access levels directly when creating a register from a vastly expanded library of over 60 meticulously crafted templates. This is in addition to the ability to build your own bespoke registers from scratch.
How it benefits you: Meet complex obligations like Consumer Duty with confidence, effortlessly create specialised registers for Product Governance and Target Markets, and meticulously generate detailed audit trails essential for multi-level approvals and robust operational resilience incidents.
If you want to know more, click here
The Power of integration: your all-in-one compliance hub
While each of these powerful modules offers significant value in its own right, their true power is realised when they are used as part of My Compliance Centre’s fully integrated system, which is continually evolving to keep pace with regulatory change.
It’s time to explore the enhancements
As a valued customer, we encourage you to delve deeper into these enhanced modules. They’re just one way we are leading modernisation – is it time for you to join this journey?
Please contact Jenny Kenlin, Head of Customer Engagement, for more information:
T: +44 (0)20 4583 2049
E: jenny.kenlin@mycompliancecentre.com