The financial industry is undergoing major regulatory transformations. There is no going back to the pre-crisis climate of light bank supervision. On the contrary, regulatory compliance is on the rise for all financial organizations.
Regulatory compliance imposes a significant burden on financial actors’ operational efficiency. For many firms, managing information is a manual exercise -at least in the first years following the enforcement of new rules- susceptible to errors. The way to overcome regulatory challenges is to turn compliance into a competitive advantage and to establish tailored processes for collecting and managing valid information.
From private banking and insurance to investment funds, Nowina provides financial actors with full compliant dematerialization solutions.
Discover for instance our Paperless Onboarding Software addressing the challenges of new and cross-border client acquisition.