Services

We design, launch and run regulated businesses

Strategy

Being in the financial services business fundamentally is about managing risk. We help business leaders focus on answering the fundamental questions underpinning the strategy:

  1. What will happen if I take this risk?

  2. What won’t happen if I take this risk?

  3. What will happen if I take this risk?

  4. What won’t happen if I take this risk?

We know that too little risk as bad as too much risk and it is a delicate trade-off between cost, quality, operational efficiency and client experience.

We ensure that a firm’s overall approach to understanding and managing its risk - whether that is strategic, operational, technology, people or financial risk - is spurred off the strategy and fits with its risk appetite.

Authorisation and licensing

When you embark on your licensing journey with us, we are with you every step of the way. We will help you:

  1. Identify the best jurisdictions to locate

  2. Understand your commercial, operational and regulatory requirements

  3. Define and build your proposition, operating model, and governance and control infrastructure

  4. Write and manage your licence and application

Risk and compliance framework

Risk and compliance frameworks should protect the business from commercial, operational, regulatory, financial and reputation risks. Where it is not spurred off the business strategy or is poorly designed with inefficient and manual processes, the case to improve efficiency and effectiveness is clear.

When we look at compliance frameworks, we ask three fundamental questions:

  1. Why do you do what you do?

  2. What do you do?

  3. How do you know it has any effect?

If we think that you are focusing on the wrong priorities, not tangibly reducing your risks or could do it in a better, we will work with you to optimise this.

Compliance-as-a-Service

Clients rely on our Compliance-as-a-Service offering to manage their compliance function. Quite simply, it is designed to simplify compliance and make it easy.

Supported by our Retech platform, the Braithwate Compliance Cloud, you can outsource your compliance function to us fully or partially. With a simple ‘plug and play’ configuration, you will be able

The benefits are:

  1. Access to Braithwate expertise

  2. Reducing costs through automation

  3. Reduce human and operational errors

  4. Enhance oversight and control

  5. Scale up without disproportionate increase in headcount

Ultimately Compliance-as-a-Service enables you to focus on running your business and managing risk more strategically.

Compliance e-Learning Portal

With the breadth of regulatory requirements firms face today, it is essential that staff understand their obligations as participants in the world of financial services.

Braithwate has partnered with leading e-learning provider, Skillcast®, to offer a comprehensive library of self-paced online training courses.

Regulatory remediation

Whether its is an operational failure, poor sales processes, a regulatory investigation or another driver, we can diagnose the root-cause and fix it efficiently, effectively and discreetly. 

With former regulators on our team, we know how to think like a regulator and can help you understand their expectations and how to engage effectively.

AML/KYC automation

Gaining a thorough understanding of potential clients’ business arrangements and performing in-depth KYC/AML checks is essential to mitigating the risk of money laundering and terrorist financing. Yet many firms still rely on manual processes and antiquated research tools.

Braithwate has partnered with leading KYC/AML solution provider, Muinmos, to offer a comprehensive and modern platform to efficiently and effectively handle KYC.