Grath’s Post

🚀 Thrilled to share some fantastic feedback from our valued partner, Winterflood Securities! 🚀 James Wharton, Head of Operations at Winterflood, highlighted how Grath has transformed their CASS Risk and Controls landscape. From streamlining data processes and enhancing collaboration to ensuring regulatory compliance, our platform has made a significant impact. Thank you, Winterflood, for trusting Grath to support your ongoing compliance needs. #Grath #Winterflood #GRC #CASS #FCA

🔍 Understanding the Dormant Assets Scheme (DAS): What does it mean for your firm? With the Dormant Assets Act 2022 expanding to include more financial products within the investment and wealth sector, firms with CASS permissions now face new challenges and opportunities. 🌐 From accurately identifying and reconciling dormant assets to ensuring compliance with the latest regulations, it's crucial to stay ahead in this evolving landscape. In our latest series, we break down the key elements of DAS, including its impact on CASS, the importance of accurate record-keeping, and the steps firms must take to manage dormant assets effectively. Swipe through to learn more and ensure your firm is ready for these changes and read the full article here: https://lnkd.in/gEQprSiG #Grath #FCA #DAS #Safeguarding #CASS

🌟 Important Update for Financial Institutions 🌟 The Dormant Assets Scheme (DAS) has expanded under the Dormant Assets Act 2022, now encompassing a wider range of financial products, including investments and pensions. For firms with CASS permissions, this brings new obligations and opportunities. Ensuring accurate reconciliation and diligent management of dormant assets is more crucial than ever. #FCA #Grath #DormantAssetScheme #CASS #Safeguarding

🔍 Tackling CASS 6 Compliance: Key Challenges and Solutions 🔍 CASS 6 requires precise custody reconciliations to safeguard client assets. From legal title segregation to handling discrepancies and shortfalls, staying compliant can be complex. Grath’s solutions streamline reconciliation processes, addressing trade discrepancies, custodian data management, and more. Read the full article here: https://lnkd.in/eeEay88T #CASS #CASS6 #Grath #FCA #Safeguarding

Mastering CASS 6 safe custody regulations is crucial for protecting client assets and maintaining compliance. Our latest insight from Paul Wood explores the importance of accurate reconciliations, effective discrepancy management, and maintaining legal segregation. #Grath #CASS #CASS6 #Safeguarding #FCA

🚀 Exciting Opportunity Alert! 🚀 Grath is on the lookout for a dynamic, entrepreneurial spirit to join our team in London. If you're a self-starter with a knack for problem-solving and thrive in fast-paced environments, this could be the perfect role for you! #Grath

🚀 Mastering change management is crucial! Discover the top 10 considerations to keep your firm on the right path. Unlock actionable insights and strategies by diving into our comprehensive guide. Read the full article here: https://lnkd.in/grvTmSfs #Grath #CASS #Safeguarding #FCA

Transitioning away from spreadsheet-based CASS & Safeguarding reconciliations is a significant step for firms aiming to enhance their governance and operational models. As firms prepare for the forthcoming FCA consultation paper, it's crucial to consider system and process automation across the firm's recognised system of books and records. Here are 10 critical considerations for successful reconciliation automation: 1. New Products and Permission Variations: Assess transaction flows and timings. 2. Staff Impact: Retain and train key staff to handle transitions. 3. Technology Change: Conduct thorough business requirement analysis and data mapping. 4. Implementation Resource: Define clear milestones and involve all stakeholders. 5. Testing: Ensure rigorous testing to validate compliance and accuracy. 6. Auditor Engagement: Involve your CASS auditor early to manage risks and enhance transparency. 7. Third-Party Vendors: Maintain oversight of vendor processes and controls. 8. Governance: Ensure strong governance for visibility and regulatory adherence. 9. Documentation and Record-Keeping: Keep comprehensive records for audit readiness. 10. Client Reactions: Proactively communicate with clients and update contracts as necessary. Read the full article on our website to ensure that you fully prepared to make this transition: https://lnkd.in/grvTmSfs #Grath #CASS #Safeguarding #FCA #ChangeManagement

Unlock the mysteries of safeguarding and CASS with our expert-led podcast, created in partnership with fscom! Dive into jargon decoding, rule navigation, and practical challenges. If you missed the live session then you can now stream on Spotify or rewatch the full webinar! Stream on Spotify: https://hubs.ly/Q02HDMFC0 Rewatch the full webinar: https://hubs.ly/Q02HDKt-0 Paul Wood Kristian Davies David Norton Heather O. #Safeguarding #CASS #FCA #Grath #fscom

Navigating the complexities of CASS 7 Reconciliations? Our technology platform provides the tools you need to stay compliant with FCA regulations. Explore our latest insights and see how our platform can support your firm's compliance journey. Click the link to read the full article here: https://lnkd.in/ed2u7dfx #Grath #Compliance #CASS #Reconciliation #ClientMoney