New regulations want to make sure banks improve risk controls. But banks are struggling to implement these changes without a suitably dedicated technology.
New regulations want to make sure banks improve risk controls, maintain sufficient capital and create a more transparent financial sector. But banks are struggling to implement these changes without a suitably dedicated technology. The current implementation process is simply against the "Spirit of Regulation." Complex Devoting time to understand and apply regulations is difficult. Markets, transactions and clients are all being put on hold while information and decisions are being processed. Costly Current regulatory solutions are expensive to build, buy, integrate & maintain. Moreover, every bank has to implement the same procedures and face the same challenges. Inflexible Legacy Front-to-Back Office waterfall IT systems are not equipped to handle multi-directional information flows and dynamically changing requirements. Research conducted by the Fed concluded that 75% of banks could become unprofitable due to regulatory implementation costs. We believe there must be a better way … That's why we developed Suade... We are passionate about regulation and want to unlock its full potential. As we have designed our technology specifically around regulatory concerns, banks can finally achieve continuous compliance, manage their costs and easily conduct analysis. Interpret See where your bank stands within the current regulatory framework. Manage Use our tools to manage implementation efficiently and fit within regulations. Respond Maximise your business opportunity with proactive solutions.