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Get off the Policy Wheel

Do you feel that your Business Policy suite is one of your biggest operational overhead that adds no real business value?

Consider this: regulated firms can spend between 4 to 12 weeks updating a business policy and taking it through governance. At the end of that update, operationally they are no better off than they were at the start of the update.

At CoVi Analytics, rather than finding new ways to house and update business policies, we have completely reinvented them. Over the last couple of months, we have been testing our approach with clients and have had some great success.

A policy in CoVi’s style:

  • is significantly easier to maintain;
  • provides much clearer instructions for the business;
  • is quick to implement, especially from groups; and
  • supported by automated to support Senior Managers attestations (SMFs & CFs).

We truly believe that CoVi’s approach can benefit firms, therefore we will be sharing one our of policies each week in a series we call “Policy Thursday”. So watch this space or get in touch (policy@covianalytics.com) to learn more.

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