17 July 2018 – London Brady plc and Trailight Compliance Technologies today announced that they have forged a strategic partnership, bringing together a world leader in the Energy and Commodities Trading and Risk Management software solution space with the market leader in the regulatory compliance and governance technology space. With this partnership, Brady plc has built a new solution called Brady Accountability Compliance, focused on meeting the requirements of the Senior Managers and Certification Regime. Today, regulations and transparency have become the forerunner to ensuring your business is operating in the best interest of its customers and shareholders. Since the global financial crisis regulators around the world have focused on evidencing straight line accountabilities and responsibilities for the senior managers of firms, including placing a heightened emphasis on understanding the conduct, competence and culture of the organization they run. The PRA and FCA led the way with an industry wide implementation of SM& CR, launched to deposit takers in 2016, then to dual regulated firms in 2018 and now to the balance of the regulated marketplace in December 2019. The Financial Stability board is also calling for a global accountability standard and already Hong Kong, Australia and Singapore have followed… continue reading
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Source: CTRM Center