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C5 Alliance Group event to show how technology can help ease regulatory burden

C5 Alliance Group event to show how technology can help ease regulatory burden

Friday 08 November 2013

C5 Alliance Group event to show how technology can help ease regulatory burden


MEDIA RELEASE: The views expressed in this article are those of the author and not Bailiwick Express, and the text is reproduced exactly as supplied to us

An upcoming breakfast briefing, hosted by C5 Alliance Group, will explore the use of various Microsoft technologies to meet the growing regulatory compliance burden that faces the Channel Islands.

An upcoming breakfast briefing, hosted by C5 Alliance Group, will explore the use of various Microsoft technologies to meet the growing regulatory compliance burden that faces the Channel Islands.

The event, entitled ‘Leveraging Microsoft Technologies for Regulatory Compliance’, will feature live demonstrations of current technologies –Microsoft CRM, SharePoint and SQL Server – to consider how each can be used, individually and in combination, to provide effective solutions.

Here, C5 Alliance will discuss some of the scalable, extensible platforms that can be integrated and deployed to provide companies with self-service management information and regulatory returns from the same agreed set of data. These solutions can provide the data to meet the requirements of FSA liquidity reporting, JFSC Basel II and III returns, Solvency II, UK and US FATCA and banking liquidity behavioural adjustments. 

C5 Alliance will also address the technical implications of upcoming regulation such as the Alternative Investment Fund Managers Directive (AIFMD).

Dan Hare, director and head of the Business Intelligence team at the C5 Alliance Group, said: 

“Our growing team has a unique range of technical and professional qualifications, with great experience in the full spectrum of regulatory reporting, both in the Channel Islands and internationally.  

“We are actively engaged in numerous flexible, yet automated, reporting solutions which enable customers with a wide range of legacy source systems to dramatically improve the efficiency and accuracy of their entire reporting function.

“Microsoft’s latest platforms are changing our industry by providing huge value in customisation and integration of “out of the box” functionality rather than requiring expensive, difficult to support, code development. The customers benefit from being able to meet the changing regulatory requirements while also having an integrated, fully functioning CRM (customer relationship management) platform, such as in the case of our FATCA reporting solution. 

“When implementing these solutions, C5 Alliance always aims to leave customers with the knowledge and tools necessary to enhance and expand their own platforms as required.”

Rob Leader, managing director of C5 Alliance Group, said that the event should help dispel some myths about the growing reporting requirements.

“Companies tend to believe that every time a new piece of regulation comes along, there will be considerable costs and a need for added administrative headcount, which detracts focus from more important areas of the business.

“We show that while the initial investment in appropriate platforms may be significant, you can meet any new regulatory requirements in an automated yet inexpensive way,” he said.

The event takes place on Tuesday 12 November at the Radisson Blu Waterfront Hotel from 8.00am until 09.30am and will interest all business and technical decision makers, particularly those involved in the compliance process.

Places at the seminar are free of charge but advanced online booking is required at: http://www.c5alliance.com/events

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