With new regulations and an increasing emphasis on good conduct, financial services firms need to effectively manage their supply chain and demonstrate compliance. As firms are responsible for maintaining oversight and control over the activities of any third party supplier, risk management becomes more prevalent with firms facing possible risks should checks not be done properly. With Albany Group’s software this process can be effectively monitored and maintained throughout a client’s journey helping to minimise potential risks and provide value for the client.
Romy Comiter, Partner at Mazars said: “We see great potential in this collaboration and the benefits for our clients in the financial services sector. The use of Albany’s unique solutions has huge potential benefits for our clients.”
Stewart Griffiths, Albany Group CEO, added: “Mazars recognises the gaps in the market for RegTech solutions to address regulatory challenges and Albany’s innovative solution to address them. We could not be prouder of this association.”
Notes to editors
Mazars UK financial services group has demonstrable market presence with 21 dedicated partners, supported by over 300 professionals.
- Our asset management team’s experience comes from working with over 1,000 funds across the UK and Europe.
- We are the fifth largest auditor of banks in the UK and provide assurance and advisory services to a range of central, retail and investment banks.
- We have a 100 year history in the insurance market and today we advise over 50 UK insurance companies, reinsurers and mutuals; 70% of the Top 10 insurers and subsidiaries; 24% of the Top 50 UK brokers; and 60% of Lloyd’s syndicates.
For more information please contact Matthew Longbottom, FWD, on +44 20 7623 2368 or email Matthew.email@example.com
Mazars is an international, integrated and independent organisation, specialising in audit, accountancy, tax, legal and advisory services. As of 1 January 2017, Mazars operates throughout the 79 countries that make up its integrated partnership. We draw on the expertise of 18,000 professionals to assist major international groups, SMEs, private investors and public bodies at every stage of their development. In the UK, Mazars has over 1800 partners and employees serving clients from 19 offices and is ranked one of the top 10 firms nationally.
News and our latest announcements are also published via the firm’s page on LinkedIn at www.linkedin.com/company/mazars-UK or you can follow us on Twitter @Mazars UK