Trace your obligations from board room to server room under your new licence. Raise the bar on transparency by reducing the number of steps between the engineer and the regulator. Prepare by putting in place the infrastructure for digital regulatory reporting. Sustainable compliance outcomes as your business grows.
Trace your obligations between the Bank and FinTech by establishing a shared responsibility model. Post contract award, use the same framework to ensure continuous compliance. Shorten your risk and compliance evaluation cycle, evaluating the technology against bank risk and control frameworks. Explicit delegation of control responsibilities between the FinTech and the Bank. Enable your Banking as a Service strategy.
As you modernise to cloud and adopt SaaS, trace your obligations, policies, standards and control frameworks to assessment outcomes. Maintain data lineage between sources, attestations and online evidence repositories.
Provide data driven clarity to delivery teams and executives on progress as you roll out new compliance programs or deliver remediation programs.
Newton Russell is an Australian RegTech SaaS company focused on the Financial Services industry. The company builds digital native risk and compliance tools for agile practices using generative AI. The team at Newton Russell have over a 100 years of industry expertise at the intersection of regulatory risk and compliance, engineering and modern product management practices.
