docStribute® is a technology solutions provider that specialises in distilling complex problems into elegantly simple solutions. We combine deep industry expertise and legacy in the financial sector with a future focussed approach that delivers best business practice made perfect. Founded in 2019, docStribute® was awarded a Smart Grant by Innovate UK, whose mandate is to invest in, “the best game-changing and commercially viable innovative or disruptive ideas”.

docStribute®️

🚀 As we navigate towards the 31 July 2024 deadline for the Consumer Duty annual board report, it's crucial for us in the financial services sector to not only comply but excel.⏰

At docStribute®️, we're here to support you with cutting-edge solutions designed to streamline #compliance and enhance customer outcomes. Our technology simplifies the adherence to FCA requirements, ensuring your focus remains on what matters most—delivering exceptional service to your customers. Let's embrace this opportunity to redefine standards in consumer #protection together. Please find recent guidance in Freeths article below 👇 #ConsumerDuty #FCACompliance #Regulations #FinancialServices #Engagement #BoardOfDirectors #ConsumerUnderstanding

https://lnkd.in/dSWHSdnX

🌐 Tech Perspective 🤔 Navigating Consumer Duty in the Insurance Sector ⁉️

Six months have passed since the implementation of Consumer Duty in the #insurance industry and wider #financialservices, and it's a pivotal moment for reflection. From our vantage point as a tech company, we've observed notable shifts. Despite the challenges faced by #insurers, a slight decrease in customer experience, there lies an opportunity for technology to bridge gaps and enhance #compliance research by Insurance DataLab found.

Let's leverage tech solutions to support the industry in fulfilling these critical consumer-centric goals. Together, we can drive positive change and ensure a future where technology and consumer protection go hand in hand.
#TechInnovation #InsuranceIndustry #ConsumerDuty #DigitalTransformation

https://lnkd.in/eduMCt2a

What are the Financial Conduct Authority saying about #consumerduty 📕
– it’s not once and done ‼ 

＂For example, poor or inconsistent support that means consumers aren’t able to act in their interests, whether that’s to choose a product, switch or complain. Or poor #communications that mean that consumers don’t get information they need when they need it that they can understand and act on.

There is real scope for learning from different industry areas, and we want to drive forward good practice, improvements and better outcomes across the whole financial services sector.＂Extract from Nisha Arora's speech at Deloitte on 1st November:  ＂Consumer Duty – Next Steps＂🐾

What docStribute®️ supports #financialservices with is ✅
＂Simplifying #regulated document #compliance to improve customer support, #engagement and understanding.＂

📧 #contact us for more information on how we can assist you with delivery of regulated documentation in compliance with the Consumer Duty ⏰

https://lnkd.in/eTZ6V6zh

We're delighted to be mentioned in Pegasystems Banking Industry Market Lead, Steve Morgan,'s #blog in Finextra last week:

💥 "From Zero to Hero – How Blockchain could bring the FCA’s Consumer Duty to life" 💥

"Regulators are increasingly keen to root our examples of tick box compliance that allow firms off the hook when customers are let down by poor service and products. A recent example of this is the FCA’s Consumer Duty in the UK, which requires that firms do much more to ensure customers understand and acknowledge they have understood the terms of the financial products they have bought. ....." ➡️ Read full blog below ✅

#consumerduty #regtech #innovation #compliance #partnerships

https://lnkd.in/ePHMMaFx

It is our pleasure to introduce Hemant Grover as our new growth advisor. With a wealth of experience in the #Fintech and #FinancialServices sectors, Hemant knows firsthand the importance of #regulatory adherence. 

In his own words: 
  
"Financial Technology companies have a reputation to ‘build fast and break things’ and worry about the consequences later. As has been evidenced over the past few years with major failings in Risk/Control and Regulatory Compliance, this attitude is simply not good enough - for both Fintech and Financial Institutions alike. Having witnessed the benefits of placing regulatory adherence at the forefront of any financial product offering during my time building Shaype, I'm confident that docStribute®️ is well-positioned to benefit from the tailwinds of recent FCA regulation and bring a real solution to a genuine problem. This is not just a 'nice-to-have' product for financial service companies; it is quite simply, a must-have. I am excited to support docStribute’s next stage of #growth."

#consumerduty #regtech #compliance #costreduction

https://lnkd.in/earU-4kH

docStribute®️ and Chorley Building Society come together to transform member communications 
______________________________________________________________

"Leading UK RegTech docStribute, specialists in document distribution solutions, is excited to announce a strategic partnership with Chorley Building Society. 

Digitalisation is a vital step for building societies and the partnership with docStribute demonstrates Chorley Building Society’s dedication to operational efficiency, enhanced Member engagement, and regulatory compliance.

On the partnership with Chorley Building Society, docStribute CEO Christopher Ansara, said: “We are excited about our collaboration with Chorley Building Society, which will drive digital transformation and strengthen customer relationships - all to the benefit of Chorley Members. Our solutions will play a pivotal role in achieving these objectives and delivering lasting positive impact.”

Chorley Building Society’s Customer Services Director, Kimberley Roby, added: “Our priority is making sure our Members receive fantastic services.  We are committed to ensuring our Members have the best possible experience which is regulatory compliant and environmentally sustainable. Our partnership with docStribute helps us to deliver this, and the use of docStribute’s solutions will simplify member communication and improve consumer understanding.”

#partnership #buildingsociety #regtech #financialservices #consumerduty

https://lnkd.in/eQFaeZyQ

NEWS 💥 docStribute®️ and Pegasystems partner to deliver Consumer Duty compliant solutions 💥

As the biggest regulatory change since MiFID takes effect in the UK, docStribute®️ and Pega®️ come together to ingrain it within every customer interaction ‼

#lowcode #consumerduty #regulatorycompliance #partnership #financialservices #insurance #wealthmanagement #banking #mortgages #technology 

https://lnkd.in/entytBsW

«In response to the UK Financial Conduct Authority’s latest regulatory evolution, the Consumer Duty, which is hailed as the most significant shift in regulations in a decade, we're at the forefront of securing consumer interests. Committed to ensuring firms deliver optimal outcomes on product quality, price, and bolstered consumer support, our secure digital signing and document distribution solutions simplify complexities. As a technology solutions provider, docStribute®️ distil intricate challenges into elegantly streamlined solutions. Harnessing our extensive expertise in the financial sector, we marry tradition with a forward-thinking approach, delivering best business practices.» 

#consumerduty #financialservices #compliance #consumerprotection ✅


https://lnkd.in/djZi5AGw

Since the #consumerduty regulation was implemented 31st July, our CEO has been working off the hook supporting #financialservices with implementation of our #technology 📱 Never a dull moment in the office 🙌 Contact Christopher Ansara for more information … ℹ️ #insurance #document #distribution #consumerprotection ⛑️

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