A new regulatory change is published every 10 minutes across global financial services regulators. Capturing, filtering, interpreting and disseminating this information to internal stakeholders is time-consuming, prone to error and can be unrewarding for those involved.
Different policymakers and government bodies lack a consistent approach, and much of what is published is ‘noise’ but takes time to wade through. Papers can be weighty, technical and hard to quickly understand and it’s not always clear what's relevant or important and what you need to do about it.
Free up your team to focus on what’s important now
Our managed regulatory radar service looks after every element of a regulatory developments process for you, so your compliance team can focus on what’s important right now. With a detailed understanding of your business, our experts use best-in-class technology and subject matter analysis to identify what’s important and tell you what to do about it.
Scope and map
- Introduction to Grand, our horizon scanning platform
- Scoping of relevant jurisdictions and rules
- Set up of publications and topic filters
- Priorities agreed, tags set up for collaboration
- Tailored processes mapped out
Track and triage
- Regular review by a Bovill Newgate expert
- Flagging items through Grand platform
- Collaboration, prioritisation through the platform
- Audit trail of review and activity
- Weekly meetings to discuss/escalate
Summarise and advise
- Bovill Newgate experts summarise key developments
- Further analysis and recommendations provided for priority areas
Report and escalate
- Provision of detailed periodic management reports
- Support production of bespoke executive summary and recommendations documents for key stakeholders/senior management.
Powered by Grand
Grand is a new breed of regulatory horizon scanning platform focused on simplicity, relevance and collaboration. It allows busy compliance professionals to easily review, filter, collaborate with colleagues and advisors, and then act on relevant regulatory change from hundreds of global sources. Powerful tracking and auditing makes it simple to report activity to stakeholders and regulators.
A solution tailored to your needs
When it comes to regulatory change, every firm has different needs. At Bovill Newgate we can comprehensively manage your regulatory developments process; we can also work with you to complement your own team’s efforts – from horizon scanning only, to expert analysis to full-service including board reporting.
| Access to tailored regulatory news feed |
✔️
|
| Agree and set up of relevant and key publisher feeds |
✔️ |
| Agree and set up of relevant article types & levels of importance |
✔️ |
| Set up and management of filters to reduce “noise” |
✔️ |
| Bovill Newgate expert identification of items of interest and/or importance |
✔️ |
| Short list provision and relevant item commentary |
✔️ |
| Triage of development items requiring action |
✔️ |
| In-depth analysis and suggested actions in relation to your firm |
✔️ |
| Preparation of management information and board reporting |
✔️ |
Get started and arrange a demo
Our experts
