Evo’s Post

Taking the leap is never easy, but for Trust and Corporate Service Providers (TCSPs), embracing technology is essential to move ahead. 💼 TCSPs are often hesitant to adopt new solutions, but the right software can transform their operations, reducing time, effort, and ultimately costs. In an increasingly regulated world, those who make this leap will be better equipped to thrive. 🔍 Curious why technology is key for TCSPs to succeed? Learn more here: https://lnkd.in/dAgmYy62 #Risk #KYC #TCSP #AML #Software

Struggling with compliance in the insurance industry? From complex regulations to data privacy concerns, insurance companies face numerous compliance challenges. But there’s a solution: low-code technology. In our latest carousel post, we break down how OutSystems helps insurance companies simplify compliance with faster development, data security, and the modernization of outdated systems. 🚀 Want to dive deeper into how low-code can transform your compliance processes? 👉 Read our full blog here: Navigating Insurance Compliance: How OutSystems Can Help https://lnkd.in/dUCwV8Qw #OutSystems #Lowcode #IT #software #application #insurance #developer

Award-winning software provider, EMTECH has announced a new software product called Beyond Compliance, to help Financial Service Providers (FSPs) automate and manage regulatory compliance in one place. Regulatory Compliance is an imperative for FSPs as the fines for non-compliance can run into the billions of dollars. Beyond Compliance helps users stay ahead of regulatory issues before they result in fines, loss of a license, bankruptcy or closures. The ground-breaking Beyond Compliance product provides users with regulatory checklists and workflows to enable and guide them through compliance processes. By simply selecting their regulator or jurisdiction and providing a few details, users can standardize and automate compliance activities. EMTECH designed the compliance product to increase business efficiency and reduce labor costs while reducing fragmentation and manual processes. https://lnkd.in/e_uadH-3

Compliance testing is essential for verifying that a business's digital operations align with relevant laws and regulations. Let's learn more about Compliance Testing in Software Testing https://lnkd.in/gHyPPN7C #compliancetesting

We’re rethinking compliance from the middle out to remove the friction and frustration of regulatory compliance. #BeyondCompliance #Compliance #Fintech

Efficient #datamigration is crucial for business continuity. In his latest article, Xceedance VP Jarno Seegers shares eight essential tips to streamline your data migration process and avoid common pitfalls. From planning and testing to leveraging automation, these insights are invaluable for ensuring a smooth transition. Read the full article: https://lnkd.in/gCMSRacu.

Legacy #aml vendors may have you think that Growth Vs Compliance is just a choice you have to make - it isn't. Have both with ComplyAdvantage If you are an #InsureTech here are some of the regulations you need to comply with; but with ComplyAdvantage that does not mean you have to slow down.

https://lnkd.in/gEzcNHRj The importance of GRC has been rising due to several factors, including increased regulatory scrutiny, evolving industry standards, globalization, and the growing complexity of business operations. Effective GRC practices help organizations minimize risks, improve decision-making processes, enhance transparency and accountability, and maintain trust with stakeholders, including customers, investors, regulators, and the public. RedBlue24 Basavanneppa MusalmariSanjeewa Eranga Jayaweera

In terms of the financial services sector, DORA applies to insurance companies, investment firms, banks, fintech, and ICT vendors, who must understand and adhere to DORA requirements to ensure operational resilience and avoid substantial fines. This blog post discusses the essential software development requirements financial companies should meet to assist in complying with DORA. Giancarlo Leto Itzik Swissa Harit Iplani Elissa McGrath #noble1 TOM SHAW

Data is the new gold for businesses, but processing it can be overwhelming. Outsourcing data processing offers benefits like expertise, efficiency, and cost savings. #DataProcessing #OutsourcingBenefits https://lnkd.in/geSZxgEk