Fusion Risk Management has enhanced its compliance offering for the financial services and insurance sectors, with the integration with Unified Compliance's Framework.
Through the combined compliance offering, Fusion users can access tools to enable control mapping, workflows, change management, audit support, action plans, dashboards and data modelling to track and create actionable strategies aligned with current and upcoming standards and regulation.
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"Over the last year, as the global risk landscape continued to evolve, we have seen heightened regulatory action affecting financial services and insurance firms, creating an increasingly complex regulatory environment. Today’s organisations must now navigate a growing web of standards and requirements while continuously demonstrating their operational resilience," said Michael Campbell (pictured), CEO, Fusion Risk Management.
"Resilience is not just a checkbox exercise – regulations set the minimum requirements organisations must comply with to protect customers. But achieving operational resilience requires full enterprise compliance and engagement. As regulations increasingly require ongoing monitoring and evaluation of resiliency controls, organisations must now prioritize resilience to remain compliant and competitive. By partnering with UCF, we can help clients demonstrate control efficacy while integrating with other operational insights to drive real-time and compliant decisions and activity."
“With the compliance landscape rapidly evolving, organisations require the tools to fuel compliance initiatives and demonstrate compliance to key stakeholders. With this UCF and Fusion integration, joint customers can now leverage UCF data to gain an immediate understanding of which controls should be implemented to prove compliance across multiple regulations and standards. The partnership enables a streamlined approach to compliance empowering organisations to make data driven decisions,” added Dorian Cougias, CEO, Unified Compliance.
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