In March 2016 the FCA and PRA introduced the Senior Managers and Certification Regime(SMR) to address the issues of individual accountability and traceability within the financial services sector. Consequently, this regulation has resulted in unforeseen Business and IT challenges within the financial services industry.
infoFINIUM for SMR is a compliance framework designed to tackle the ongoing dynamic requirements of the FCA.
The Prudential Regulation Authority (PRA) introduced Senior Insurance Manager’s Regime (SIMR) as their Approved Persons’ Regime is in need of an update. SIMR has been updated to take into account Solvency II measures relating to governance, fitness and properness of relevant individuals.
infoFINIUM for SIMR:
TechFINIUM will work with its customers to identify their relevant business process for SIMR.
We understand the importance of documentation throughout the project. On many projects, documents are still being emailed around for review and approval processes. Not having the correct controls in place can lead to confusion, resulting in inconsistent document versions and contradictory feedback.
infoFINIUM for PMO takes care off all of that by holding project information in one central repository that can be accessed at anytime and anywhere, from any device, enabling working whilst on the go.