Insurance firm Desjardins Financial Security has selected Amadeus’ compliance software to help monitor its regulatory compliance.
Desjardins expects the compliance suite to reduce its risks of penal and administrative sanctions and so help reinforce its corporate image. The company said the software would enable it to make regulatory compliance a greater concern across all levels of management, as it would deliver actionable intelligence throughout the business.
Mr Clement of Desjardins Financial Security stated, The deployment of our corporate initiative called for a solution that addressed the ability to manage legal references, compliance risks, and ultimately non- conformances and corrective actions associated with our business processes.
Amadeus’ eQCM compliance process control suite provided us with the exact solution for our long-term compliance agenda. This deployment falls under the operational effectiveness program that is part of the strategic plan of the company.