Legal / Regulatory Advisory

Search, Collaboration

Now nobody is trawling through emails searching for old advice. Breaking down the barriers of the old ways of working has reduced the stress of managing regulation.

The challenge

Keeping up with new regulation coming is a challenge for compliance and legal departments. A small team or even an individual must stay on top of internal controls and deal with ad-hoc queries and exceptions as they occur.

How we helped

A number of key compliance activities were transitioned to Single Rulebook, including regulatory research. The largest step forward came when team members began to annotate regulatory texts, embedding and sharing the understanding of the company’s stance.

The outcome

By using Single Rulebook, the time spent on text research and knowledge management has been successfully decreased. Users turn to Single Rulebook on a regular basis and have virtually eliminated other sources.

Now nobody is trawling through emails searching for old advice. Breaking down the barriers of the old ways of working has reduced the stress of managing regulation. The risk of ‘reinventing the wheel’ with duplicative and inconsistent regulatory advice is much smaller now and the team can continue to access regulatory knowledge from former colleagues and consultants

If you would like to know how Single Rulebook can consolidate your regulatory workflow and save you time and cost, please get in touch.