Our risk management solutions are designed to assist in developing trust in the controls, systems, and procedures by completing your regulatory requirements as a service, allowing you to focus on your core business objectives.
The Challenge
Because the regulatory landscape is continuously changing, your business must also be constantly adapting. What you want is an integrated regulatory compliance strategy that will help you gain a clear vision of the congested regulatory landscape and provide you a competitive advantage because you will no longer be reacting to changes but will be tackling them proactively. Wouldn't it be amazing if you could develop this approach with a trustworthy third party and then delegate implementation to that same party as a managed service?
Our Solution
Rapid Bird's Risk and Compliance Managed Service goes above and beyond the conventionally managed service offering. Our team of professionals provides assurance with a model that solves difficult challenges, supports the whole regulatory cycle, and innovates efficiency for the front, middle, and back office.
Our services improve business-critical operations throughout the regulatory cycle, such as counterparty outreach, onboarding, KYC, regulatory compliance, corporate actions, tax withholding and reporting, third-party risk management, and post-trade processing. Our specialists can also perform health checks to assess the robustness of your risk and compliance systems, as well as assist you in managing the remedial process following an audit.
Risk Management and Monitoring
Rapid Bird's Risk Management and Monitoring solution, which combines advanced data analytics with low-cost global delivery, leading technology tools, and a managed services solution, provides a sustainable, high-quality approach to managing compliance and controls monitoring and testing requirements in today's environment.
Controls testing and monitoring: helping clients address their priority compliance needs:
Compliance with channel partners
On a global scale, many organizations offer their products through a channel model (distributors, resellers, and agents). Companies, in general, lack clear visibility into their channel partners and, as a result, set up programs to audit and monitor their activity. Our Risk solutions may support channel partners with continual testing and monitoring of controls.
Our solutions are designed to help organizations more efficiently manage their third-party relationships, providing executives with a broad view of risks and performance across the extended enterprise with continuous monitoring of contract compliance, corporate policy and procedure compliance, and third-party use compliance.
Regulatory compliance testing
Our specialist team will assist with the alignment of regulatory risks across a shared set of objectives, allowing businesses to eliminate duplicate controls, centralize monitoring activities, improve risk coverage, and increase reliance on internal and external auditors.