Compliance entails the necessity to meet laws and regulations stipulated for data protection, client identification, transparent financial policy making and fraud protection. Financial service providers and also many other sectors have been seriously affected by these laws and regulations. Good data quality is absolutely conditional for effective compliance initiatives.
In Summary:
- Insight to acquisition of all products and services per client whereby the financial risk can be calculated (per client);
- Instant issue of credit risk by a product sale;
- Insight to total company portfolio whereby the total financial risk can be calculated;
- Easy compliance with national and international legislations (KC, Basel II, MiFID).
Olbico has developed products that make this possible.