Corporate Compliance is a function that is increasingly heard of and whose operating borders are not known for this strategic role for business competitiveness.
The Compliance expert is the figure who, within the company, takes care of the correctness of the procedures and compliance with the rules, in order not to incur penalties that could damage the company’s reputation with customers, partners and all stakeholders: in business, trust is a fundamental element for the success of the operation.
In the banking and financial-insurance sectors (for example the case of Basel II), for international agreements, it is necessary to activate a Compliance function, as well as for listed companies, which must have a standard level of security very high.
The meaning, function and structure on which the Compliance is based may undergo variations depending on the size of the company or the reality in which it is implemented.
The resulting complexity can only be managed by providing its own Compliance function with an integrated IT tool capable of guaranteeing continuous 360-degree regulatory coverage.