Redland

Distributors are operating in an increasingly intrusive regulatory environment. Some financial firms are responding to the aggressive regulation with increased case checking and often increased costs. 

 

Increasing the number of cases checked equally for all advisers and all types of business is an extremely blunt tool. A few leading distribution firms are instead using a range of criteria to profile the risk of a piece of business and then reviewing a certain percentage of each risk type. 

 

With such focused case checking controls, the workload of case checkers is concentrated on those cases that really do need checking and goes beyond a compliance box-ticking exercise to a genuine risk management system. 

 

Insight Case Checking
Sesame Case Study
Openwork Case Study
Professional Adviser article on Sesame