Risk and financial advisory experts, Kroll, have collaborated with technology specialists ViClarity to introduce a comprehensive solution for managing IAF/SEAR regulations issued by the Central Bank of Ireland.
The partnership aims to address the complexities of IAF/SEAR regulations by leveraging ViClarity’s automation technology and Kroll’s IAF/SEAR Toolkit and Training processes.
The goal is to provide a robust framework for regulated firms based on the combined expertise of both organisations in working with financial institutions globally.
Kroll, as risk and financial advisory experts, brings deep expertise in financial services regulation. ViClarity, the technology specialist, contributes its innovative automation technology. Together, they offer a comprehensive solution for managing information and workflows related to IAF/SEAR regulations.
The IAF/SEAR solution involves pre-built workflows and processes, offering flexibility for customisation based on an organisation’s internal requirements.
The offering encompasses various components, including an implementation guide, training, conduct standards checklists, template responsibilities map, policies, statement of responsibilities, annual review procedure, certification documents, and checklists.
Shane Corcoran, Head of Customer Success at ViClarity said “After working with Eoin and the wider Kroll team over the past number of years, it is great to partner together to create this solution for the Financial Services industry. With the combination of technology and content expertise, we are excited to grow this partnership in 2024.”
Eoin Devlin, Senior Vice President Regulatory Consulting at Kroll said “We are excited to be working with ViClarity to bring this solution to the market. We are confident Kroll’s deep expertise in financial services regulation and ViClarity’s innovative technology platform is the best combination to assist firms in complying with these new regulations”.
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