ENSURING COMPLIANCE FOR WEALTH MANAGERS
Mphasis Wealth Management Compliance helps businesses balance effective governance, risk management, and industry compliance standards
Today, companies need to keep up with changing regulatory needs. This requires interpretation, policy design changes, and implementation plans for roll-out. With a lack of existing workflow, technology, and tools to implement changes required by new regulations, enterprises find it difficult to carry out their tasks. Many companies also face the problem of a large backlog of data remediation within a mandated time frame, which requires data extraction and ingestion tools to automate effort. There are also challenges in reference data management needs within an enterprise.
To meet these needs, we, at Mphasis, bring a comprehensive set of capabilities that helps businesses overcome financial compliance challenges and provides solutions that identify and effectively manage risks and compliance violations.
We have experience and credentials in:
• Preventive and curative approaches
• Technology and operations
Offer a Large Pool of Compliance Resources for Remediation and Ongoing Programs for Financial Crime
Provide Advisory Compliance and Brokerage Compliance Projects that are Time Bound and have Large and Inconsistent Sets of Data
Automate Solutions for Surveillance and Supervision Support in Functions like Annuity Order Entry, New Account Review, Social Media Review, Trade and Email Surveillance
Meet Regulatory Reporting Needs in Multiple Jurisdictions Across Americas, EMEA, and APAC
Leverage Automation/Artificial Intelligence Solutions – Mphasis has IP in Areas of AML, KYC, and Trade Surveillance