vendor showcase

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Olivia Fahy

Hemisphere

I'm an English speaking alien who has just landed on earth. Explain to me what your solution does in an easy to understand way.

We help employees perform at top level all the time by providing the best training you can buy.

Company 

TCC

What are the top 3 challenges that you help firms to overcome?

  1. Understanding what is really going on

  2. Influencing events

  3. Staying alive

What are the major risks if firms fail to tackle these challenges?

There are several risks:

  • You will not be able to get things done

  • You will be liable to action from the FCA

  • Employees will leave your firm

Regtech category

SMCR, GRC

What makes your solution different from the competition?

We offer a managed service that means firms do not need to worry about any aspect of certification.

I'm a prospective client, explain (in simple terms) the typical buying process I can expect for your solution.

We sell our solution as a subscription model so the buying process is very straightforward. You tell us the number of users you want to subscribe and we give you a price. 

How do you feel about the way financial services regulation is changing?

Regulation is critical but the FCA has limited resources so it is easy for firms to assume that they don't need to be super rigorous. This is dangerous.

What is the one piece of advice you would give to a firm facing today's regulatory landscape?

I would recommend that firms have a single person responsible for leading the creation of a digital strategy for compliance and that this is underpinned by a process of updating and review.

Any product development plans that you'd like to share?

We are working hard on building a new dashboard that will give senior managers as single place to view all information relating to SMCR.

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Andrew Pullman

PeopleClear SMCR

I'm an English speaking alien who has just landed on earth. Explain to me what your solution does in an easy to understand way.

Firms now need to approve people who do certain important jobs. Our solution helps them to run these approval processes efficiently and in a way that involves the employees who are being approved.

Company 

PeopleClear

What are the top 3 challenges that you help firms to overcome?

  1. Grumpy employees

  2. Grumpy managers

  3. Gumpy shareholders

What are the major risks if firms fail to tackle these challenges?

The main risk is that you may fail to complete all the checks and then if an employee is involved in a breach then you, as the senior manager, may be held personally responsible.

Regtech category

SMCR

What makes your solution different from the competition?

Our solution is targeted at small to medium sized firms who need a streamlined and economical approach to certification.

I'm a prospective client, explain (in simple terms) the typical buying process I can expect for your solution.

Our whole buying process is conducted online. We start with a fact sharing meeting that lasts no longer than 1 hour. We then follow up with a commercial discussion. 

How do you feel about the way financial services regulation is changing?

Personally, I think that there is so much new regulation that forms are struggling to get a complete picture and understand how the pieces fit together.

What is the one piece of advice you would give to a firm facing today's regulatory landscape?

My advice would be for firms to invest effort into considering all aspects of regulation and then to create a digital straegy for delivering against that backdrop.

Any product development plans that you'd like to share?

We are looking at building a lean version of our solution to sell to smaller firms.