Cost Reduction in Compliance
Banks and securities companies need to be nimble to manage their compliance risks. Infosys identifies opportunities to reduce your costs and streamline compliance programs.
We implement a strategic and integrated compliance risk management and fraud prevention framework. Our offering enhances surveillance to monitor derivatives, structured products and services that transcend business lines. In addition, our offering adopts a phased approach to integration, and focuses on objectives and synergies of a merger. We establish a governance framework, processes and systems to identify, catalog, monitor and test compliance controls (policy lifecycle management).
| Comply with new regulations and manage existing risk despite shrinking budgets |
Infosys' offering for Cost Reduction in Compliance transcends cost cutting to evaluate direct costs and indirect transformational levers for a comprehensive plan:
- Opportunity assessment for cost reduction through transformation (program/platform rationalization, organizational redesign)
- Opportunity assessment for direct cost reduction (L1 surveillance and reporting, IT support, offshoring)
- Cost reduction program implementation
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Enables compliance with new regulations in a cost-effective manner |
| Develop an enterprise-wide approach to compliance risk management and fraud detection |
Infosys implements an enterprise-wide compliance program. Our offering is based on our rich experience in transaction surveillance, governance, regulatory reporting, and Basel II, and strategy and roadmap definition for integrated compliance:
- Unified compliance data strategy
- Integration of surveillance and case management systems
- Design and implementation of integrated controls assessment, management reporting and compliance metrics frameworks
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Enables enterprise-wide unified compliance |
| Adopt a phased approach to integration focusing on objectives and synergies of a merger |
Infosys' offering integrates compliance technology and operations across the lifecycle of the merger:
- Current and target state assessment
- Integration blueprint development
- Synergy playbook creation
- Implementation planning and execution
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Ensures a seamless post-merger integration |