We have a small regops group. Reg-x products has enabled us to manage our compliance seamlessly and effectively. One of the great feature is of reports, where the latest status of the report can be downloaded and sent to NCA directly.
Breach management is one of the most innovative products we have seen in regtech space this year. Combined with expertise in regulation and experience in regulatory change, Reg-x is one of important businesses which financial services industry should use.
Reg-x breach management has enabled us to automate one of the key process of reporting breaches. It has helped in reducing number of hours regulatory operations spend on breach tracking and focus more on key remediations. This has reduced our operational risk.
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