Cobent has partnered with financial consulting experts Fairway Compliance to offer training solutions specifically designed to reduce the administrative burden of meeting FSA regulatory requirements.
Fairway Compliance brings 12 years of financial compliance experience to the partnership, having worked closely with the FSA and a range of retail financial services firms including IFA's, Wealth Management Firms, Life Companies and Banks. The organisation is dedicated to helping financial firms protect and enhance business value by identifying and managing regulatory compliance risk.
Paul Scott, the Founder and Director of Fairway Compliance, commented "Across the regulatory spectrum, it is generally accepted that improving your staff's knowledge is a key way to minimise your firm's risk. We are delighted to be working with Cobent and are confident that together we can help organisations address key regulatory challenges such as Treating Customers Fairly (TCF) and forthcoming challenges relating to the Retail Distribution Review (RDR)."
Scott continued "Demonstrating training, competence and ongoing professional development will become a key focus for firms during their journey towards implementation of the Retail Distribution Review (RDR). Firms will need a solution to help manage and automate training processes if they want to keep costs down and be successful."
This partnership will further leverage Cobent's extensive experience in the market, having provided solutions for some of the industry's strongest brands including: Aviva, Barclays and The Change Group. In consultation with Fairway Compliance, Cobent aims to provide purpose-built solutions to help financial institutions avoid regulatory enforcement through delivery and recording of training relating to key regulatory topics such as Financial Crime and Treating Customers Fairly (TCF).
Howard Sears, Cobent's CEO commented on the partnership 'We are excited about the new opportunities this partnership brings and we are looking forward to combining our expertise to offer solutions that help financial firms improve business, compliance and training standards."
Contact Cobent today on +44 (0)20 8973 4092, or visit www.cobent.com, to see how our financial training solutions can help your organisation to meet your FSA regulatory requirements and allow you to make the most of your employee training.
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