Sesame to roll out compliance IT platform

Author: Rahul Odedra
IFAonline | 17 Sep 2010 | 12:30

Categories: Regulation

Topics: Sesame Bankhall| Compliance| Technology| RDR

businessman-at-computer

Sesame members will be provided with a new compliance IT platform to help them manage their regulatory risks.

The network has adopted Redland Business Solutions' Insight T&C, giving advisers access to management information and operational data to minimise their risks.

Scheduled to be rolled out to members next year, the solution can support a range of business applications and the company claims it could also help improve productivity.

Michael Couzens, risk director at Sesame Bankhall Group, says: "Our profession is operating in a regulatory climate that is more intrusive and intensive than ever before.

"This new solution will give our members a single view of their firm's regulatory risks and performance, along with greater flexibility as to how and when they access important data.

"Moving on to a single compliance IT platform also means we will be able to respond far quicker to the new regulatory demands being posed by the RDR."

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