Financial Services

The Financial Services sector encompasses a variety of institutions, including Banks, Building societies, Insurance, and Capital Markets, each having various standards and regulations. All of these organizations are highly regulated; with procedural control of activities as an essential element for ensuring compliance. In addition, financial institutions require regular review and audit of these activities to verify compliance or identify deviation, which may result in corrective action, procedural review, or operator training.

Each of these sectors generates information for internal and external customers. This information must be correct and in line with regulations for the time and place of issue. This can be a complex task, as those responsible for regulatory compliance are often in a different area of the organization from those generating the information. Using a suitable Document Control System, you can ensure that appropriate verification and approvals are obtained for information before it is released to the customer.

It is essential that persons performing tasks in these organizations have adequate training, and where necessary, appropriate qualifications for the task they are required to perform. This needs to be monitored and training plans created, where there is a change in regulations, operating practices, or where a need is identified during an audit.

If you need an integrated solution that is modular and can be expanded as your needs grow, please contact us to see how our Proquis solutions can take your company to the next level.