Compliance Monitoring

Upgrade from your dispersed spreadsheets and word documents into one beautifully simple workflow for the compliance monitoring programme.

Complete the risk assessment to create a monitoring schedule configured to your firm’s regulatory profile. Leo will then automatically generate questionnaires for you to complete throughout the year. The output will be prose reports highlighting any potential breaches of regulation or deviations from best practice, allowing you to detail your remedial actions and effortlessly remain compliant.

Overcoming Compliance Barriers

Automatically schedule your entire compliance monitoring programme

Solution

With Leo, you will complete a risk assessment that is configured to your firm’s regulatory profile. You will give each theme of monitoring a risk rating and a frequency for monitoring (monthly, quarterly, bi-annually or annually). Each theme is then scheduled automatically by Leo and put into your calendar.

Evidence compliance and maintain effective audit trails

Solution

Evaluate the effectiveness of your firm’s internal controls and create remedial actions, or recommendations, based on your assessments. Each remedial action is diarised, assigned to a member of staff for accountability and can be tracked to completion. Therefore, evidencing an effective audit trail and compliance with regulations.

Stay apprised of the latest regulations affecting your firm

Solution

Benefit from a regulatory watch that is tailored to your firm’s profile. Leo’s compliance monitoring questionnaires are kept up to date with the latest regulatory changes, allowing you to remain compliant.

Gain access to detailed and relevant management information

Solution

Utilise the MI generated for an overview of the compliance monitoring programme, updates on the programme’s progress, a robust analysis of all remedial actions and analytics which can all be easily extracted and presented to senior management.

Take advantage of an AI compliance expert who is trained on regulations

Solution

With Eva, our AI chatbot, you will gain access to a compliance expert who is trained on UK regulations, fund operations and the Leo platform.

Easily evidence your compliance testing throughout your monitoring programme

Solution

Benefit from Leo’s configurability to easily upload attachments, write and format free text, or to create new chapters as needed. For a seamless experience, benefit from Leo’s other modules and registers and directly reference the data that is already on your platform, such as, personal account trade requests, or the staff gifts and inducements register!