The company specialises in the safekeeping and administration of securities and high-end risk and reporting services. They focus entirely on wholesale securities services to profesionnals in the pensions and securities industries.

The Challenge

It was mandatory to have an up-to-date and accurate way of documenting an internal control and compliance system to demonstrate regulatory compliance.

The Solution

The securities servicing specialist turned to Kipstor to standardise, document and publish the company’s business processes for compliance, improvement and automation purposes.  A key deliverable was the company’s Process Model and the set up of a controlled modelling environment.

To demonstrate compliance with external control frameworks such as Cobit and ISAE 3402, Kipstor developed a consistent methodology to map the company’s risks and controls to the documented business processes.

The Results

• Produced standardised, up-to-date and accurate process documentation
• Mapped the inter-dependencies of risks and controls to the business processes
• Demonstrated clearly regulatory compliance