Threesixty has developed a compliance management suite designed to support advice firms of all sizes.
The suite, called ‘Trust’, is designed to simplify regulatory risk management by streamlining the organisation, review, tracking and evidencing of compliance tasks.
It also supports firms in demonstrating that they are actively monitoring the Consumer Duty outcomes.
The suite comprises core compliance management modules with additional optional modules covering senior managers and certification regime and training and compliance.
The core suite includes a document repository, risk-management framework, compliance-monitoring programme, task scheduler and business diary.
Each module offers customisable access to align with a firm’s unique business requirements, confidentiality standards and data security priorities.
A compliance management dashboard unifies all components, providing complete oversight.
Threesixty chief executive Russell Facer said: “Trust has been the realisation of a long-term objective for Threesixty – to simplify compliance and offer a robust solution that demonstrates a firm’s commitment to regulatory compliance, regardless of its size.
“We’re excited to bring something genuinely unique to market – a truly holistic compliance management system.”
He said firm’s using Trust will benefit from greater efficiency and better risk management.
They will also enjoy enhanced confidence among professional indemnity insurance providers and improved alignment with Financial Conduct Authority requirements.
“The time savings it affords will enable firms to focus on growth, delivering good consumer outcomes and achieving long-term success,” Facer added.
Trust’s document repository, risk-management framework and task scheduler are available at no additional cost to Threesixty clients who subscribe to its business risk service, or for £75 per month.
The SM&CR and T&C modules are priced on a sliding scale, starting at £25 per month.
Comments