infoFINIUM for SMR

In March 2016 the FCA and PRA introduced the Senior Managers and Certification Regime(SMR) to address the issues of individual accountability and traceability within the financial services sector. Consequently, this regulation has resulted in unforeseen Business and IT challenges within the financial services industry.

infoFINIUM for SMR is a compliance framework designed to tackle the ongoing dynamic requirements of the FCA.

Some of the Benefits are:
  • Manage Attestations, CPDs and ‘Fit & Properness’ of employees.
  • Generate Responsibilities Maps (which are easily viewable).
  • Generation of Organisational Charts.
  • Configured SMR roles and Mandated Regulatory Responsibilities that need to be mapped.
  • Configurable workflow, dashboards and triggers to ensure issues are highlighted to relevant stakeholders where necessary.

  •  infoFINIUM for SIMR

    The Prudential Regulation Authority (PRA) introduced Senior Insurance Manager’s Regime (SIMR) as their Approved Persons’ Regime is in need of an update. SIMR has been updated to take into account Solvency II measures relating to governance, fitness and properness of relevant individuals.

    infoFINIUM for SIMR:

    TechFINIUM will work with its customers to identify their relevant business process for SIMR.

    By using the built in tools:
  • Insurers can document and track relevant business processes such as onboarding;
  • Conduct ongoing training of Senior Insurance Managers;
  • Produce, signoff and store Governance Maps;
  • Tracking and versioning control features give a full audit trail of document's history;
  • E-mail integration enables automatic notifications to be sent to users regarding document uploads and workflows that need to be completed and provides an audit trail.

  •   infoFINIUM for PMO

    We understand the importance of documentation throughout the project. On many projects, documents are still being emailed around for review and approval processes. Not having the correct controls in place can lead to confusion, resulting in inconsistent document versions and contradictory feedback.

    infoFINIUM for PMO takes care off all of that by holding project information in one central repository that can be accessed at anytime and anywhere, from any device, enabling working whilst on the go.

    How we do it:
  • Workflow
  • Document Management
  • Key Performance Metrics
  • Key Features:
  • Comprehensive Audit Trail
  • Automated Version Control
  • Intelligent searching
  • Business Benefits:
  • Tighter project governance and control
  • Increased Project Productivity
  • Reduction in Project Storage and Time Cost.