Trades & field services

·

[ VENTURE ]

Financial services regulation

Financial services regulation

Financial services regulation

Proposals run through a regulatory compliance framework so every one meets requirements, with manual checks and fine risk stripped out.

Proposals run through a regulatory compliance framework so every one meets requirements, with manual checks and fine risk stripped out.

Proposals run through a regulatory compliance framework so every one meets requirements, with manual checks and fine risk stripped out.

12%

12%

12%

Less time spent on proposals

1.5%

1.5%

1.5%

Errors auto-flagged for manual review

30 min

30 min

30 min

Manual checks, down from 2.5 hours

The problem

The problem

The problem

Every proposal had to clear a thicket of regulatory requirements, checked by hand. The process was slow, error-prone and carried the constant fear of fines from a missed obligation.

The approach — the N+1 sequence, before it had a name

The approach — the N+1 sequence, before it had a name

The approach — the N+1 sequence, before it had a name

We ran proposals through a regulatory compliance framework that enforced every requirement automatically, with the checks built into the workflow.

UNDERSTAND

Inside the work

Mapped every regulatory requirement a proposal had to meet.

WORKFLOW + DATA

Codify & capture

Built a framework that ran the checks automatically inside the workflow.

EXECUTION

Run it at scale

Cut proposal time 12 percent and removed manual checking and fine risk.


The result

The result

The result

Time spent on proposals fell 12 percent, accuracy rose and the fear of fines lifted as manual checking gave way to enforced, automatic compliance.

Compliance should be a system, not a prayer.

Compliance should be a system, not a prayer.

Tony Simmons · Founder, N+1

The same pattern works in your industry.

The same pattern works in your industry.

The same pattern works in your industry.

Will you own the category — or be owned?

Will you own the category — or be owned?

Will you own the category — or be owned?

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N+1 — One step beyond the current state