Worksmart have been supporting the Financial Services industry since the 1990’s. We provide a range of award winning, high quality RegTech solutions that are underpinned by a deep understanding of the market place and our regulatory knowledge. From Training & Competence (TC) to Quality Assurance (QA), Senior Managers & Certification Regime (SMCR) to Complaints Management, let us help you strengthen your approach to Governance, Risk & Compliance.
To find out more about the software solutions available, please click on the relevant product details below.
The Senior Managers and Certification Regime (SMCR) ensures that Senior Managers are individually accountable for their business decisions, their conduct and the competence of those that they manage.
With the provision of advice and process management becoming increasingly influenced by digital practice, it’s essential that regulated firms respond quickly to rapidly evolving market needs.
Training & Competence
Understanding that key roles in regulated entities are subject to the FCA’s Training and Competence (T&C) rules is well established practice. T&C has been an integral part of financial services for decades and a regulatory requirement since the 1990’s.
Spreadsheet based or home-grown systems that were once adequate are no longer enough to keep pace with today’s regulatory demands. The market today demands increased scrutiny of both the complaints process and of a firm’s reporting output.
With the implementation of many regulatory people initiatives such as the MiFID II Knowledge & Competence regime, the Insurance Distribution Directive and the Senior Managers & Certification Regime.
The market today demands increased scrutiny of both the complaints process and of a firm’s reporting output. It is crucial that firms operate a robust and effective complaints management system.