We provide a framework that addresses the global, regional and local regulations affecting the organisation and enable you to transform your IT infrastructure to be more agile while minimising the risk of sanctions
The regulatory world is a complex and often interlocking eco-system of global, regional and local regulations. In this complex eco-system, there can be duplications due to overlaps and while the regulations keep evolving to the rapidly changing IT environments. A typical financial institution in the UK could be monitoring 9 major categories of regulations with a set of global, regional and local regulations in each one of them. This often creates confusion and a complicated regulatory web. Ensuring agility, mobility and effectiveness while maintaining compliance with myriad of regulations is a growing challenge.
To address this challenging environment facing large organisations, especially financial institution, Wavestone has developed a regulatory & compliance consulting framework that is based on an output approach. It will help firms to assess their business against the complex eco-system of regulations and transform their infrastructure to be more agile in order, better deal with the pace of regulatory change and avoid duplications while minimising the risk of sanctions.
In effect our team of experienced consultants advise on regulatory & compliance and help organisations with a prioritised approach to ‘regulatory technology transformation’.