The reputation of your financial institution among customers, stakeholders, shareholders and in the general public is your most valuable asset: Trust that has grown over many years and has been built by your customer care and management team can be badly harmed by unexpected events in just a few days. That has been clearly evidenced by the events in the course of the financial crisis.
Legislators and supervisors respond to this situation by adopting further regulations and stricter sanctions so that many financial institutions are faced with a higher number and complexity of diverse national and international requirements that virtually constitute a flood of regulations. Moreover, minimum compliance requirements (MaComp) will be published in autumn so that compliance will move into the focus of both financial institutions and supervisors (e.g. in audits under Section 44 of the German Banking Act).
Thus, banks will have to ensure and provide documentary evidence that they have effective compliance strategies and processes in place and take appropriate measures (compliance organisation) in order to prevent deficiencies and sustainably safeguard their reputation.
zeb/ offers compliance solutions specifically tailored to your financial institution that are not only capable of complying with legislative and supervisory requirements, but also of generating added value and efficiency gains for your enterprise.
This can be achieved, for example, by improving the networking of thematically related fields around compliance issues also in organisational and process terms so that you can implement a risk-oriented, integrated compliance management approach in line with your business strategy.
In the field of compliance, we support you specifically by the following service modules:
- The zeb/compliance.check identifies any substantial implementation gaps (gap analysis) and highlights strategic-organisational optimisation potentials.
- The module zeb/compliance.strategy designs and draws up specific plans for the target architecture of the compliance organisation specifically for your bank.
- The zeb/compliance.management ensures the sustainable implementation of the compliance measures in line with the target architecture.
- The zeb/compliance.transfer additionally provides compliance implementation know-how individually prepared for your bank and your target groups.