Threesixty have launched a new compliance management suite to support advice firms of all sizes.
The new suite, called Trust, is designed to simplify regulatory risk management by streamlining the organisation, review, tracking and evidencing of compliance tasks. It will also support firms in demonstrating that they are actively monitoring the Consumer Duty outcomes.
The suite comprises core compliance management modules, with additional optional modules covering the senior managers and certification regime and terms and conditions. It includes a document repository, risk management framework, compliance monitoring programme, task scheduler and business diary.
Each module offers firms customisable access to align with its individual business requirements, confidentiality standards, and data security priorities.
Russell Facer, CEO of threesixty, said the launch fulfils a long-term objective of the firm to simplify compliance and offer a solution that demonstrates a firm’s commitment to regulatory compliance, regardless of size.
Facer said: “We’re excited to bring something genuinely unique to market; a truly holistic compliance management system. Firms using Trust will not only benefit from greater efficiency and better risk management but will enjoy enhanced confidence amongst PII providers and improved alignment with FCA requirements.
“The time savings it affords will enable firms to focus on growth, delivering good consumer outcomes, and achieving long-term success.”
Trust’s document repository, risk management framework, including compliance management programme, and task scheduler with an integrated business diary are available for free to threesixty clients who subscribe to its business risk service, or for £75 per month. The SM&CR and T&C modules are priced on a sliding scale, starting at £25 per month.
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