The Digital Compliance Assistant (DCA) is the Laven's RegTech solution designed specifically to assist firms with the oversight of their compliance by digitalising the critical components of the work flow within one software. The software is developed to streamline both time and cost efficiencies, whilst reducing human error. The software is an effective tool to give your Firm confidence that you are compliant with all relevant rules and regulations, in a cost effective and efficient way.
All questions have pre-populated answer options to guide the user while gathering information. Recommendations are provided to indicate how the firm should amend its processes and controls to meet the necessary standards. Comments can be left in the software's communication system to ensure there is a constant stream of communication and to address any worries throughout the process. Technology will immediately improve the capacity of the resources within the compliance team and will give you access to Laven’s compliance expertise at your fingertips.