PeopleClear SMCR Managed Services- Streamline your SMCR processes with our purpose built, intuitive & easy-to-implement SaaS solution
Using PeopleClear SMCR Managed Services will ensure that regulatory deadlines are met, allowing you to focus on strategic initiatives while we handle day-to-day system administration for you.
Take reasonable steps with PeopleClear SMCR Managed Services
- Huge reduction in management and individual time to carry out the SMCR process, let us do this for you.
- Free up time and resources to focus on business activities.
- Involve far less management time when CP’s are certified by letting PeopleClear manage both the annual and interim certification process.
- See benefits in days, rather than weeks/months and let us manage your SMCR processes for you .
Why Risk it?
Manage SMCR the right way
There is a big difference between implementing SMCR and embedding SMCR - a point reinforced by the FCA. Our SMCR software is built on technology you can rely on.
✔️ Save time by streamlining your SMCR processes with our trusted platform
✔️ Let us help you to create a robust SMCR framework and audit trail that regulators demand
✔️ Demonstrate compliance and accountability
FAQ'S
Answering your questions
SMCR strengthens accountability and governance within financial firms but it does bring challenges. PeopleClear's SMCR Managed Services offering helps you to take reasonable steps in managing your firms SMCR processes
What are the main challenges to SMCR?
Increased Regulatory Burden:
Firms are required to implement extensive governance frameworks to comply with SMCR. The ongoing compliance requirements can be resource-intensive, particularly for smaller firms. Our Managed Services offering takes all of that away to allow you to focus on more critical parts of the business.
Cultural and Operational Challenges:
Embedding the principles of SMCR into a firm’s culture can be challenging. It can require a shift in mindset across the organisation, with a focus on transparency and accountability. PeopleClear can help to instill this culture and ease the burden.
Potential for Increased Liability:
Senior managers now face personal liability for failings within their areas of responsibility. This can create anxiety among executives, potentially making it harder to attract and retain top talent.
What are the key features of PeopleClear SMCR Managed Services ?
We have married key compliance and regulatory requirements, together with practical and pragmatic HR processes and – most importantly – the needs of both senior managers and certified individuals. Our Managed Services means we can manage the following:
Regular Maintenance
✔️ Individual profile data uploads
✔️ Breaches and training uploads
Certification
✔️ Initiation and monitoring of interim certification
✔️ Initiation and monitoring of annual certification
✔️ MIS reporting as required
✔️ Certification withdrawal
Senior Managers
✔️ Generation and maintenance of statements of responsibilities
✔️ Generation and maintenance of reporting lines, committees and members
✔️ Generation and maintenance of delegated responsibilities and handover documents
✔️ Generation and maintenance of management responsibilities maps
Regulatory References
✔️ Generation of regulatory references
What technology is PeopleClear SMCR built on?
We provide a clear, intuitive and easy-to-use SaaS solution. It is secure, cloud-hosted and ISO27001 certified. We use technology to provide a transparent, immutable, and cryptographically verifiable transaction log. We track data changes and maintain a verifiable history of change over time.
What job roles do we help?
We deliver SMCR solutions across the highly regulated financial services sector. Specific examples include:
Compliance Officers
- Ensure firm compliance with SMCR
- Minimise regulatory risks
- Streamline SMCR processes
HR Directors
- Ensure all staff meet regulatory SMCR standards
- Integrate compliance training into HR processes
- Support senior managers in SMCR efforts
Senior Managers
- Maintain high standards of SMCR compliance
- Ensure all senior managers are certified and trained
- Improve efficiency of SMCR operations
How easy is PeopleClear's SMCR Managed Services to implement?
Our intuitive SMCR SaaS tool means we can be managing your firms SMCR administration in days rather then weeks or months.
Book a demo
Ready to start your Journey
We're confident that we can be your partner for compliance excellence. Book a demo today and we'll show you where we add value, embedding SMCR processes that strengthen accountability and governance within financial firms.