DATA COMPLIANCE & INTEGRITY LIMITED

Your virtual Data
Integrity Analyst

DCI develops sophisticated software solutions for the Wealth Management sector allowing firms to proactively audit and address data integrity and systemic issues that can lead to potentially critical failings.

Ensuring the integrity of your critical data

All companies have a duty to maintain accurate and consistent data.

This is particularly critical for wealth managers who have a robustly enforced regulatory obligation to do so and where poor or missing data not only has the potential to cause reputational damage but may also lead to financial loss and even regulatory sanctions.

Regulatory Pressures

The regulatory demand on investment firms is relentless.

The key aim of the Systems & Controls Sourcebook (SYSC) is to reduce harm to consumers and strengthen market integrity.

While the Senior Managers & Certification Regime (SMCR) focus is on enforcing absolute accountability of all aspects of a regulated business to the senior managers and directors of a firm.

DCI allows firms to rigorously and comprehensively address these obligations head on, helps to develop and maintain consistently high standards of behaviour across the business and provides detailed, evidential audit reporting for both the business and the regulators.

Regulatory Pressures

The regulatory demand on investment firms is relentless.

The key aim of the Systems & Controls Sourcebook (SYSC) is to reduce harm to consumers and strengthen market integrity.

While the Senior Managers & Certification Regime (SMCR) focus is on enforcing absolute accountability of all aspects of a regulated business to the senior managers and directors of a firm.

DCI allows firms to rigorously and comprehensively address these obligations head on, helps to develop and maintain consistently high standards of behaviour across the business and provides detailed, evidential audit reporting for both the business and the regulators.

Corporate & Risk Governance

A strong and robust risk governance policy is based upon 3 key lines of defence.*

  • Management ownership, and accountability for directly assessing, controlling and mitigating risks.
  • The monitoring, facilitation and implementation of  effective risk management practices and systems by operational management 
  • An independent internal audit function will, through a risk-based approach to its work, provide assurance to the organisation’s board of directors and senior management.

DCI is an essential component in your of defence strategy and a powerful ally in your corner, helping you to ensure compliance with FCA rules (SYSC).

* Source: Chartered Institute of Internal Auditors.

Mind the Gap

Just the smallest of errors or gaps in the data that you hold against your clients, their portfolios or the instruments in which you invest creates the potential for a ripple effect throughout your systems and processes with potentially major consequences for your business.

DCI gives you the tools to effectively audit and continuously monitor your data to identify and mitigate these risks.

Mind the Gap

Just the smallest of errors or gaps in the data that you hold against your clients, their portfolios or the instruments in which you invest creates the potential for a ripple effect throughout your systems and processes with potentially major consequences for your business.

DCI gives you the tools to effectively audit and continuously monitor your data to identify and mitigate these risks.

Sophisticated workflow solutions

Our virtual data integrity analyst constantly monitors your systems using a comprehensive set of unique queries to identify any errors.

Sophisticated workflow tools automatically assign errors to the appropriate users or teams on a prioritised basis together with detailed solution narratives to enable swift remedial action.

Powerful Dashboard tools provide full oversight of all data issues being addressed and ensure that senior management is kept fully informed and has core KPIs to hand at all times.

High priority errors, as defined by the User, can automatically trigger the Immediate Alert System to specified key personnel via the application, email or direct message.

DCI A wealth of experience

The DCI management and development team has over 100 years of experience in the investment world including: complex software support & development, compliance, investment management, stock broking, settlement, market data, CASS oversight, financial advice, data management and reporting.

DCI was created by its founders after witnessing, for many years, the significant problems that can be created by poor data integrity and missed opportunities to spot systemic issues that can lead to potentially critical risks to firms.

DCI A wealth of experience

The DCI management and development team has over 100 years of experience in the investment world including: complex software support & development, compliance, investment management, stock broking, settlement, market data, CASS oversight, financial advice, data management and reporting.

DCI was created by its founders after witnessing, for many years, the significant problems that can be created by poor data integrity and missed opportunities to spot systemic issues that can lead to potentially critical risks to firms.

Would you like to find out more?

If you would like further details on how DCI can improve your data, please send us a message.

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