Compliance

Automated compliance enforcement and reporting

Singularity enables you to automate and enforce your compliance, governance and risk requirements. Our compliance solution helps you to standardize, document, monitor and control your corporate and operational processes.

Organisations in all industries operate in an increasingly complex regulatory environment. Sarbanes-Oxley, Basel II, Freedom of Information, KYC and various Data Protection acts as well industry standards such as ISO 17799 require systematic and structured approaches to enforcing and proving compliance. Singularity's compliance solution streamlines the processes, rules and activities required to ensure adherence to regulations and policies while providing you with constant visibility of current compliance status. Singularity's solution has been used for a broad range of regulatory requirements and standards including Sarbanes-Oxley, health and safety enforcement, Capital Markets KYC, MiFID Client Classification and ISO 17799.

Highlights

Highlights of our Compliance solution include:

• Adherence to regulatory requirements - the rules governing regulations such as MiFID or Freedom of Information are fully automated, ensuring that necessary evidence both of process and progress are captured. Detailed audit trails of all compliance activities are maintained.
• Compliance monitoring - Singularity's solution monitors key events such as changes in company officers or the receipt of important legal documentation to determine whether a department or company has become non-compliant, informing compliance staff and automatically initiating re-verification
• Seamless document management - the generation of compliance documentation and any external correspondence is automated, all incoming documents are electronically tagged and stored, and all documents relevant to a particular regulation are available via the browser interface
• Driving tasks to staff - work items are presented to legal, compliance and operational staff via a browser-based inbox along with the associated information needed to complete it, allowing tasks to be quickly completed and next tasks initiated
• Ease of use - intuitive web-screens containing 'to do' lists, status reports and graphical MIS increase staff productivity, while electronic forms pre-filled with relevant organisational and customer data accelerate compliance tasks
• Built-in adaptability