Start-up and smaller firms may not have a dedicated, full-time compliance team. Instead, compliance management oversight is often the responsibility of a board director. We've found that they value the organisation, workflow and structure of My Compliance Centre and the simplicity of having everything in one place.

System configuration options allow small firms to use simplified functions, suitable for their size and complexity, reducing the compliance burden but ensuring that all compliance tasks are visible and in scope.

Medium sized regulated firms typically have small compliance teams and they are required to carry out a wide range of compliance tasks, frequently changing from task to task during any given day.

My Compliance Centre’s approach works well by centralising compliance management into one place. This gives managers an oversight of the compliance status and team responsibilities, while making it simple to provide colleagues with access to the processes and data that matter most to them.  

Large regulated entities often have a more complex compliance infrastructure to navigate. The compliance teams might be based in multiple locations and have many different legal entities or business units. This will likely require a complex hierarchy of data access to ensure confidentiality is maintained, while all staff can access the data that matters most to them. 

My Compliance Centre supports complex group structures and compliance teams, using role based permissioning to provide access to just the staff that need it.