This is a well-established securities company founded in 2001 and headquartered in the provincial capital of the southwest region. It has diverse business qualifications, covering many areas such as securities underwriting and sponsoring, brokerage, proprietary trading, investment consulting, etc. It has more than 20 business departments located in different places and more than 800 employees. Adhering to the concept of professionalism and pragmatism, it strives to achieve a win-win situation among customers, shareholders and employees.
Project Background
This client faces the following challenges in IT technology regulatory compliance:
- Lack of Regulatory Systems Management: The lack of a unified regulatory system database makes it difficult to respond quickly to changes in regulatory requirements.
- Difficulty managing compliance audits: The lack of a compliance audit database makes it impossible to effectively track and manage compliance audit items.
- Fragmented document management: The database of supporting documents is not perfect, resulting in low efficiency in document submission and archiving.
- Inadequate automation of compliance processes: Processes such as remediation of compliance issues and submission of supporting documentation rely on manual operations that are inefficient and error-prone.
- Delayed monitoring of compliance risks: There is a lack of real-time monitoring and early warning mechanisms, making it difficult to identify and address compliance risks in a timely manner.
Project Solution
- Build a Digital Compliance Management Platform: Build a unified digital compliance management platform to achieve integrated management of regulatory systems, compliance audits, and supporting documentation.
- Establish a regulatory system database: Establish a complete regulatory system database to quickly retrieve and update regulatory requirements.
- Build a Compliance Audit Database: Build a compliance audit database to achieve full lifecycle management of compliance audit items.
- Build a database of supporting documents: Improve the supporting documents database to achieve electronic management and quick retrieval of supporting documents.
- Intelligent Order Generation Capability: Leverage automation technology to intelligently generate compliance correction orders and supporting document submission orders.
- Intelligent notifications: Implement intelligent notifications such as compliance correction reminders and document submission reminders.
- Automate compliance processes: Implement unified management of the supporting document submission process, the compliance item audit process, and the compliance item remediation process to improve process efficiency.
- Monitor compliance risks: Establish a real-time compliance risk monitoring and early warning mechanism to identify and address compliance risks in a timely manner.
- Automate compliance reporting: Automatically generate and submit compliance reports to improve the efficiency of compliance management.