Vision 360° Compliance Cockpit can automate the compliance framework of an organization and assist in identifying key deficiencies.
Vision 360° Compliance Cockpit can automate the compliance framework of an organization.
With the implementation of new regulations in the region, having a compliance framework is an important consideration in entities’ governance policies. A regulatory compliance system helps reduce, identify and respond to breaches of laws, requirements of supervisory bodies and codes of conduct.
KPMG Managed Services have launched a compliance tool, Vision 360° Compliance Cockpit, in collaboration with Clyde & Co. The tool operates via a web-based model, with a number of novel features including event-based and time-based compliances, a compliance calendar, dashboards, auto-reminders, an escalation system, and maker-checker controls. It will assist in mitigating the risk of non-compliance and with adherence to the principles mandated by Abu Dhabi Accountability Authority (ADAA) and Securities and Commodities Authority (SCA).
How can we help?
Vision 360° can automate the compliance framework of an organization and assist in identifying key deficiencies.
The tool has a repository of checklists which may be tailored to each organization. It can securely store an entity’s documents and enable role-based access, with maker-checker control and three tier escalation. Alerts can be set before compliances are due and provide an overview to management via dashboards.