Building Automated technology focused Control Framework
FinTech's are built from a technology perspective - so it makes sense that compliance frameworks are built in the same way - otherwise you will have a modern front end serving the client but an outdated and non optimal performing back end operational platform. Without this the client experience is not optimal, control gaps appear and resourcing models become increasing expensive - this is the key weakness in traditional banks moving to virtual offerings, and FinTechs must not fall into the same trap.
We also with our business partner Join Talent, work with you to build out not only your compliance, but also legal and Human Resources Target Operating Model and optimal hiring strategy.
Design optimal resourcing models
VRS is focused on ensuring that the technology solutions are built with the client data as core with key focus on understanding client behaviors and product risk typologies. The build will then be integrated with AI and Machine learning to reduce false positives in risk alerts so focus on key risks can be had by efficient resourcing models.
Train Business and Compliance Team
In addition to supporting the compliance framework build, we are also conscious that at one point in the near future BAU compliance needs to commence operations. In our commitment to the client we also support the training and up-skilling of key staff to support the compliance framework build so it can be handed over and running at optimal effectiveness and efficiency form day one, and to ensure that the model remains sustainable and agile to changing regulation and business growth.
Contact us for more information
FinTech's are built from a technology perspective - so it makes sense that compliance frameworks are built in the same way - otherwise you will have a modern front end serving the client but an outdated and non optimal performing back end operational platform. Without this the client experience is not optimal, control gaps appear and resourcing models become increasing expensive - this is the key weakness in traditional banks moving to virtual offerings, and FinTechs must not fall into the same trap.
We also with our business partner Join Talent, work with you to build out not only your compliance, but also legal and Human Resources Target Operating Model and optimal hiring strategy.
Design optimal resourcing models
VRS is focused on ensuring that the technology solutions are built with the client data as core with key focus on understanding client behaviors and product risk typologies. The build will then be integrated with AI and Machine learning to reduce false positives in risk alerts so focus on key risks can be had by efficient resourcing models.
Train Business and Compliance Team
In addition to supporting the compliance framework build, we are also conscious that at one point in the near future BAU compliance needs to commence operations. In our commitment to the client we also support the training and up-skilling of key staff to support the compliance framework build so it can be handed over and running at optimal effectiveness and efficiency form day one, and to ensure that the model remains sustainable and agile to changing regulation and business growth.
Contact us for more information