CoVi Analytics - Financial Regulations ensuring firms keep their promises.

Financial Regulation; ensuring firms keep their promises.

Banks, Insurers, Brokers, Asset managers are all in the business of selling promises. Money today for an outcome tomorrow.

Financial Regulation is all about making sure that these financial firms keep their promises. The bigger the promise the more the regulation.

It’s actually a good way to “test” if you are performing a regulated activity. Consider:

  • Promise this food won’t kill you.
  • Promise this building won’t fall down tomorrow.
  • Promise to pay you if you get into a car accident.
  • Promise to keep your money safe.

So next time you think that the compliance requirements are too high, consider the size of the promise you are making to customers.

See how CoVi Analytics can help you keep your promises.

Share this Story
Load More Related Articles
Load More By CoVi Analytics
Load More In Snippets

Check Also

WFH – Manage Deliverables, not Time

One of the lessons I learnt very early ...