Global: fscom and Grath Forge Strategic Partnership to Advance Regulatory Compliance Solutions

fscom, a distinguished governance, risk, and compliance consultancy firm catering to financial service institutions in the UK and Ireland, has joined forces with Grath, a prominent regulatory compliance platform, to introduce cutting-edge financial regulatory technology solutions.

Recognized as the ‘Best Consultancy Firm’ at the Compliance Register Platinum Awards 2023, fscom specializes in providing regulatory insight and guidance to firms operating in various sectors, including payments, crypto, banking, asset and fund management, and capital markets. Their expertise lies in navigating complex regulatory frameworks and promoting industry best practices.

Grath, on the other hand, has positioned itself as a leader in delivering innovative regulatory software solutions that streamline risk and compliance activities, simplify obligation management, and automate FCA mandated reconciliations. With fscom’s deep industry knowledge and Grath’s advanced technological capabilities, the partnership aims to revolutionize compliance practices within the financial services sector.

Through this collaboration, fscom and Grath will combine their strengths to develop a comprehensive suite of solutions tailored to meet the evolving needs of financial institutions. The strategic alliance seeks to enhance operational efficiency, mitigate risks, and foster digital transformation across the industry.

Clients of fscom who opt to utilize Grath’s state-of-the-art technology solutions can expect a range of benefits, including:

• Streamlined audit planning, documentation requests, testing, and reporting consolidated within an intuitive platform.
• Scalable compliance programs hosted in the cloud, featuring an integrated risk and control framework that simplifies obligation management.
• Cutting-edge CASS (Client Asset Sourcebook) and safeguarding reconciliation solutions, promoting automation and reducing risks associated with manual processes.

Philip Creed, Director of fscom, expressed enthusiasm about the partnership, stating, “Providing access to reliable subject matter experts has always been our priority. Partnering with Grath allows us to offer efficient expert solutions to contemporary compliance challenges, adding value to our esteemed client base.”

Matt Povey, CEO of Grath, emphasized the mutual benefits of the collaboration, saying, “fscom boasts an award-winning team and an impressive client roster spanning banks, start-ups, and large financial institutions. Together, we aim to extend our reach and deliver tailored solutions that address the diverse regulatory requirements across different industry verticals.”

Povey further outlined his vision for the partnership, highlighting a commitment to leadership initiatives aimed at sharing knowledge and insights through industry events, webinars, and publications. This collaborative effort seeks to contribute to a broader conversation on the future of financial technology and regulatory compliance.