Regulatory & Compliance services

Regulation and Compliance are becoming more critical than ever before in the BFSI industry. Regulatory and Compliance services are a must to ensure the organization’s both internal/external/local and global regulatory needs, as the regulatory requirements are evolving at a faster pace. Adapting to the dynamic changes of the regulatory obligations becomes more critical for organizations to protect their impact from day to day business activities.
 
A common approach to adhere to the individual needs, jurisdictions, regulation, regulatory bodies, regulatory frameworks, obligations, organization policies, and procedures is the need of the hour. Due to the changing regulatory requirements and the tremendous task involved in understanding and adhering to compliance activities, organizations forced to outsource or assign regulatory affairs to external service providers.

What sets us apart

Less in-house compliance costs

Seamless reporting for any regulatory framework / authorities

Centralized and secured ecosystem

Dedicated team with 24*7 support

Onsite and offsite service delivery model

Consulting and advisory through regulatory experts and SME’s

Accuracy and timeliness and customer centricity

Adherence to regulatory compliance towards agreed client specific SLAs.

Regulatory and Compliance testing competencies

Compliance insight to accelerate compliance adherence

What we offer

Sensiple’s regulatory excellence services span across BFSI industries, with its optimized efforts and resources to achieve a faster time in adhering to the regulatory and compliance changes. Our services enable organizations to meet their compliance and regulatory requirements across jurisdictions as well as we can tailor our services for any small or mid-size or large organizations. We have a wide range of regulatory and compliance offerings as listed below.

Regulatory Offerings

Regulatory frameworks (MIFID, EMIR, SFTR, BASEL, etc.) based reporting services

Reg. authorities (ESMA, SEBI, SEC, FSA, DODD Frank) based reporting & compliance

Reporting entity services (ARM / APA / TR / FCA/ NCA, etc.)

Regulatory remediation assistance

Regulatory reporting testing services

Implementation of any new reporting processes

Compliance Offerings

Consolidated Compliance reporting

Compliance testing services for managing compliance training

Compliance benchmarking and modeling services

Compliance reviews in connection with regulatory inquiries

Selection and implementation of compliance technology solutions

Developing risk-based compliance reporting services.

Industry Expertise

BFSI domain focused regulatory and compliance services will facilitate reliable and scalable deployment of software solutions in financial institutions. Adapting to the stringent and ever increasing need of regulatory and compliance changes requires a complex combination of business domain knowledge, domain specific regulatory understanding, formal software testing methodology, tools, an understanding of the underlying solution architecture and deployment specific configuration. We have regulatory and compliance competency with varied skillset of resources guided by Subject Matter Experts (SME’s) who glide the services through their rich knowledge and experience.

• Integration of organization specific policies and procedures, ensuring that the compliance manual is consistently followed
• Professionally trained team to implement the regulatory compliance using any robust systems with data security and a clear audit trail
• Pro-active approach to reporting needs
• Enablement of work flow automation for faster and accurate decision making
• Streamlining the data collection, document management and sharing of information to accelerate case resolution
• Help organizations to adapt to any regulatory changes
• Continuous improvement in compliance operational efficiency
• Understanding of the implications and requirements of new regulations
• Designing and assessing policies and procedures
• Implementing new reporting processes
• Maintenance Services
• Liaison Services
• Interface Functions