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GRC Solutions For Law Firms
GRC software can support law firms to manage risk, comply with regulations, manage conflicts of interest & anti-money laundering requirements, perform client due diligence checks, and to capture feedback & complaints.
Out-of-the-Box
Our best-practice solutions can be pre-configured to meet the specific needs of law firms.
Single Source of Truth
Rapid time to Value
Out-of-the-Box
Our best-practice solutions can be pre-configured to meet the specific needs of law firms.
Single Source of Truth
Rapid time to Value
Compliance Management
Manage compliance obligations, regulatory change, anti-money laundering, client due diligence checks and conflicts of interest in one platform.
Cloud-based
Demonstrable proof
Trusted by 150,000 Users worldwide
Protect your organisation with a comprehensive GRC platform designed for law firms
Our integrated solutions are currently supporting law firms to manage risk, compliance obligations, regulatory change, anti-money laundering, client due diligence checks and conflicts of interest and feedback and complaints in one platform. Our agile GRC software allows businesses to implement best-practice processes to standardise and automate their risk & compliance processes – providing a single source of auditable truth across the entire organisation.
Integrated GRC Solutions for Law Firms
Transform your risk & compliance programme
Watch our short video to understand how Camms is working with law firms to streamline and automate their risk & compliance processes – addressing key areas like anti-money laundering, conflicts of interest, and client due diligence checks – to minimise risk & achieve compliance.
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Functionality to meet the needs of
law firms
Risk Management
Create a culture where everyone is responsible for risk. Identify, track, and manage risk with confidence and link risk to your strategic objectives to achieve your goals.
- Establish a digital risk register and roll out risk assessments online.
- Set up a control framework to successfully manage risk.
- Monitor risk against KRI’s and your risk appetite.
- Use workflows to escalate risk and implement risk treatment actions.
- Dashboards & reports highlight key actions and provide a holistic view of risk.
Compliance
Easy manage your compliance obligations across regulatory requirements, legislation, policies, and procedures.
- Build a detailed obligations library based on applicable regulations.
- Track progress against obligations and corrective actions.
- Automated regulatory change management linked to your third-party content provider.
- Use dashboards & reports to analyse your compliance profile.
- Provides an audit trail to demonstrate proof of compliance to regulators.
Anti-Money Laundering & Client Due Diligence
Know exactly who your clients are and where their money is coming from to avoid inadvertently facilitating money laundering and supporting organised crime.
- Use flexible workflows & registers to log new clients and perform sufficient due diligence checks.
- Set up anti-money laundering workflows to ensure the legitimacy of each client and their funds.
Conflicts-of-interest
Ensure you are always working legitimately and ethically and avoid conflicts of interest.
- Set up a digital register with online forms for clients to disclose conflicts of interest.
- Ensure compliance with your conflicts of interest policy by establishing clear disclosure procedures.
- Report on potential conflicts of interest to understand your potential exposure.
Claims & Complaints
A poor claims record can impact the cost of professional indemnity insurance. Avoid bad press with by carefully managing claims, feedback, and complaints.
- Set up an online process for both staff and clients to log claims & complaints.
- Formalise the escalation process to ensure prompt resolution.
- Manage cases through to closed.
- Learn from previous feedback & complaints to ensure continuous improvement.
Principles of GRC
Automation in
Education
In this eBook we provide key insight into how the latest GRC technology and strategy tools are supporting educational institutions to streamline processes and achieve their goals.
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