Prove that you are compliant with FSA regulations

A natural bi -product of using i-map as your CRM (client relationsip management) and back office processing software is that it will help your business to comply with and to prove adherance to the FSA regulations relating to MCOB (Mortgage Conduct of Business rulebook) and ICOBS (Insurance Conduct of Business Sourcebook).

Through using i-map x to process your cases, all your activity is automatically recorded. A suggested "Compliance work flow" provides guidelines and key documents such as an IDD (initial declaration document) and a suitability letter are easily produced. Having completed a fact find using i-map, automatically produce a suitability letter from the selections already made. Another key feature in assisting compliance with the FSA (Financial Services Authority) regulations, is the ability to validate fact finds. I-map x indicates any important fields of information that have not yet been recorded, cases are automatically risk assessed to be either Green, Amber or Reg.

Completed data fields in i-map can then be integrated into Trigold Prospector sourcing software. KFIs can be produced and uploaded to i-map x. Acutal copies of all documents are then recorded against every case.

If you are part of a compliance management team, you will be able to log in and view all brokers and advisers for whom you are responsible. I-map x will show you any "high risk" cases that are being processed, you can access any cases you like and see all documentation and work flow for any individual case.

Although simply using i-map x is not a guarantee of being compliant with FSA regulations, at least it is made easy to show you are administrating your business correctly and keeping accurate records in all instances.

The system keeps a complete new business register and the analysis and reporting features offer flexibility in the way you wish to view your business performance.

Registration to i-map x is FREE so why not click here and sign up now. Invent Software Limited will also provide you with support on 01446 731214.