Client Readiness
Evaluate whether or not clients are ready to transact in real-time.
Overview
Client Readiness from Droit enables financial institutions to understand their commercial possibilities and validate readiness to engage and trade. It quickly provides reassurance and evidence that company-specific compliance and regulatory criteria has been properly applied across clients and services.
Why the need for Droit’s Client Readiness
Regulators are increasing expectations and demands on financial institutions, one of which is that preventative and detective controls should be in place much earlier in the client trade lifecycle – ideally, prior to the product discussion and product offer stage.
This of course adds to the cross-functional team and system challenges associated with determining, with clear evidence, client readiness. This includes clarity on compliance obligations and instant feedback on status to help navigate the right clients to the right products.
Why the need for Droit’s Client Readiness
Regulators are increasing expectations and demands on financial institutions, one of which is that preventative measures and detective controls should be in place much earlier in the client trade lifecycle. This of course adds to the process and system challenges associated with determining client readiness, including clarity on compliance obligations and instant feedback on status to help navigate the right clients to the right products.Key Features and Capabilities
Operationalizes industry, company, and client-specific checks and controls to provide consistent, centralized compliance at scale.
Continuously updates with newly versioned logic to match policies as they evolve and leverages current reference data and taxonomy.
Provides a central point for cross-functional teams to access and apply accurate client readiness policies.
Enables full transparency of the opportunity to transact or trade status, with information instantly available on demand for clear yes or no decisions, at all levels.
Empowers your salespeople by giving them the confidence and reassurance to progress and personalize client engagement based on accurate, up-to-date, and relevant policies.
Built on Droit’s patented Adept platform, automates the decision-making process with full traceability to consistent, centralized business rules that cover both the buy-side and sell-side.