Budget constraints and pressures on skills and expertise often mean only the most urgent compliance projects get implemented. Deadlines slip. Non-compliance results. Fines follow. But it doesn’t have to be like this.
At Capco, our experience confirms there is a better way. We call it Regulatory Maturity. It means you can deal cost-effectively and compliantly with cross-jurisdictional legislation and regulations. No matter how complex they are. No matter how frequently they evolve.
Regulatory Maturity is driven by a new approach to an abundant resource: data. In many instances, non-compliance results from failure to gather the right data, in the right ways, at the right time. Excellent, timely data handling is the heart of achieving and sustaining compliance. But it demands a big data culture shift: from ‘store now, analyze later’ to ‘gather, integrate, analyze and interpret’ - all in real time.
The good news is there’s a Capco Regulatory Maturity Model ready to help you make a transformative difference. With Regulatory Maturity achieved, here are the benefits you can expect:
This move is highly desirable. It’s also very possible. Capco's latest Capco Point of View explains what Regulatory Maturity can do for you, how you can start to achieve it, and how we can help. Download the Point of View to learn more.
FT, April 2015