Compliance by Intravenous

Compliance departments around the world have logged into our site to get daily updates on rule developments and enforcement actions but something has changed since the Great Crash of 08. Firms need to get a direct feed of all of this risk and compliance information and plug that directly into their own systems. Imagine you're a firm with a risk management platform that tells you which products you sell around the world. Well when a rule changes somewhere, anywhere, that will probably have an impact on one or more of those products. It can require a simple change in marketing materials or may actually require you to change the structure of that product. It's a tricky thing to get right because you want to keep everything on the market while staying in line with the rules. Complinet launched DIS (this stands for Direct Integration Service). Not an overly complicated name - In short, we pipe all of that rich information directly into any system you may have (from Protiviti or Sharepoint) so when a rule changes it is mapped through a global categorization system into those product descriptions and flags the relevant products accordingly. Bigger clients are engaging first but smaller firms will also need to get this done in due course.

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