Supporting SMCR with Technology – Ten Observations
Many organizations are considering and evaluating the use of technology to support their SMCR journey including mapping and managing the status of regulatory responsibilities for senior managers as per the FCA Senior Manager’s Regime. Companies end up internally developing systems that do not meet best practices in technology, or using learning management systems or systems built for continuous professional development (CPD) to cover the regulatory requirements. Most end up adopting solutions that do not have required functionalities to systemize or digitize the SMCR processes like creating comprehensive SMCR organogram that clearly visualizes the regime!
Download this article and gain insights on how technology is being selected and utilized for SMCR. Avoid the usual mistakes, and adopt technology in a way that it can play a critical role in both administering the regime and monitoring compliance.
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