Accurate and accessible record management is the basis of effective financial product governance. Yet many organisations remain reliant on disparate spreadsheets, siloed information and poor-quality data. This can lead to significant inefficiencies and hinder vital oversight. Thankfully, our enhanced Register Vault module eliminates such challenges – empowering businesses to build and centralise critical registers in an intelligent and efficient manner.
What’s new: The Register Templates user interface has been completely overhauled and significantly improved. Managing all aspects of your record-keeping has become completely effortless. Here’s what Register Vault can do:
- Vastly expanded template library: Create a register for almost every conceivable use case from a significantly expanded library of over 60 high-quality templates.
- Build your own bespoke registers: Construct your own bespoke registers from scratch, meeting your organisation’s unique and evolving requirements.
- Powerful Manager Dashboards: Use Manager Dashboards to dynamically reflect your custom statuses and enjoy a truly tailored view of your data, alongside at-a-glance insights into your registers’ performance.
- Bring simplicity and dynamism to approvals: Add tailored approval forms to pull data from a range of sources at each stage of the review process. Run automated reviews of data in a single platform to eliminate document version control issues associated with emailing spreadsheets to different departments.
- Flexible permissions and response forms: Set granular access levels for managers and other users, ensuring secure data visibility.
How it benefits you: Register Vault gives you the framework needed to confidently meet complex obligations like Product Governance, Financial Promotions and Gifts and Hospitality.. The enhancements make it easier than ever to create new registers – whether they’re basic templates for non-confidential information and conflicts of interest, or something much more detailed for financial promotions and incidents.
Furthermore, it generates detailed audit trails, which are non-negotiable for executing multi-level approvals and handling demanding operational-resilience incidents.
This granular control over who can precisely view, edit and submit entries ensures high data integrity and transparency. By turning scattered data into a unified, actionable asset, compliance becomes straightforward.
Through Register Vault’s centralisation of critical information, financial institutions like yours can boost efficiency and strengthen compliance. Find out how My Compliance Centre can support your record management goals today. Please contact Jenny Kenlin, Head of Customer Engagement, for more information:
T: +44 (0)20 4583 2049
E: jenny.kenlin@mycompliancecentre.com